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UPDATE 1-S.Korea Nov FX reserves at 4-yr low - FXStreet.com
SEOUL, Dec 3 (Reuters) - South Korea's foreign exchange reserves fell to their lowest in almost four years, data showed on Wednesday, sapped by foreign currency liquidity injections into the banking system to combat the global credit crisis. The ...
Read more...China Money: Risks limit room for yuan weakness - Forbes
The threats of capital outflows, friction with major trading partners and competitive depreciations of other Asian currencies mean China will not let its tightly controlled currency slide far, analysts and traders say. "The new trend is clearly to ...
Read more...Yuan Trades Near Five-Month Low as China Seeks to Boost Exports - Bloomberg
Dec. 3 (Bloomberg) -- China’s yuan traded near the lowest in more than five months, falling by the 0.5 percent limit from the daily reference rate, on speculation policy makers favor a weaker currency to support exports. Government bonds rose. U.S ...
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