Business to feel pinch from weaker currencies
THE Philippines' ' largest noted business, as well as their peers in Southeast Asia, that have stacked up big financial obligations in the last five years– particularly foreign-currency denominated– face more expensive financing as Asian currencies weaken and borrowing costs …
Find out more on BusinessWorld Online Edition
Weakness in Asia Batters Currencies Abroad
The worldwide commodities downturn is testing the resilience of resource-driven economies, pushing currencies from Australia, Canada and Norway to lows not seen considering that the financial crisis. Weakening energy and metals prices are punishing investors, companies …
Check out more on Wall Street Journal
US dollar rises against a lot of significant currencies
The United States dollar climbed against many significant currencies as the retail sales data from the nation boosted market sentiment for an interest-rate hike in September. The advance estimates of US retail and food services sales for July were $ 446.5 billion, an …
Learn more on India.com
