Wed, 25 Jul 2012 09:37:34 GMT
Won Drops on Europe's Debt Crisis Concerns
Asian currencies tumbled, led by the South Korea's Won, on the Eurozone's crisis diminishing demand for riskier assets in emerging markets. The Won declined to a week low after a central bark had reported that local consumer confidence was at the lowest level in five month. The Bloomberg-JPMorgan Asia Dollar Index (MXAP), which follows Asian currencies, dropped to the least