Asian Currencies Complete Weekly Gain on Fed, China Support

Asian currencies had a weekly gain, led by Malaysia’s ringgit, on speculation the U.S. will delay raising interest rates and China may take more measures to boost growth.

Asia Currencies Have Worst Week Since August on China Concern

Asian currencies had their worst weekly loss in six months as signs of a deeper economic slowdown in China and the Federal Reserve’s support for tapering asset purchases weighed on emerging markets.

QE3 May Be Preferred Over Fed’s QE2 for Asia Economies Facing Export Slump

U.S. monetary stimulus, blamed in 2010 for spurring speculative capital flows to emerging markets, may find less opposition this time round in Asia as the region’s focus shifts to supporting economic growth.