(Bloomberg) -- Indonesia's rupiah, the Malaysian
ringgit and the Philippine peso may suffer the most among Asian
currencies from a sell-off in emerging-market assets, said Tetsuo
Yoshikoshi at Sumitomo Mitsui Banking Corp.
These currencies are most at risk because the respective
stock markets were the biggest beneficiaries of foreign capital
this quarter, said Yoshikoshi, a Singapore-based market analyst.
The peso this month reached the strongest since September 2000,
the rupiah rose to a three-year high in May and the ringgit
touched a nine-year peak as equity indexes climbed to records.
Read more at Bloomberg Currencies News
ringgit and the Philippine peso may suffer the most among Asian
currencies from a sell-off in emerging-market assets, said Tetsuo
Yoshikoshi at Sumitomo Mitsui Banking Corp.
These currencies are most at risk because the respective
stock markets were the biggest beneficiaries of foreign capital
this quarter, said Yoshikoshi, a Singapore-based market analyst.
The peso this month reached the strongest since September 2000,
the rupiah rose to a three-year high in May and the ringgit
touched a nine-year peak as equity indexes climbed to records.
Read more at Bloomberg Currencies News
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