EM ASIA FX-Won, ringgit up; but some profit-taking seen
1/4/2012 2:09:09 PM
SINGAPORE: The won and the ringgit led gains among emerging Asian currencies on Wednesday as firm U.S. and European data boosted risk appetite, although some suffered from profit-taking on persistent worries about the euro zone's debt crisis.
Asian stocks and the euro pared rises, forcing investors to book profits from emerging Asian currencies rather than adding more positions, dealers and analysts said.
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