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To: NOW who wrote (15184)6/12/2004 12:11:58 AM
From: ild  Respond to of 110194
 
<<<why is Korea in the toilet:>>>
If you compete with Chinese you'll have to live like Chinese.



To: NOW who wrote (15184)6/12/2004 12:37:08 AM
From: XBrit  Read Replies (1) | Respond to of 110194
 
South Korean Won, Taiwan Dollar, Baht Give Back Week's Gains

June 12 (Bloomberg) -- The currencies of South Korea, Taiwan and Thailand gave back the week's gains on speculation the U.S. will increase interest rates by more than some investors expected, luring them to dollar-denominated assets.

The U.S. is prepared to raise its benchmark rate further and more rapidly than some analysts predict if inflation risks intensify, Federal Reserve Bank of St. Louis President William Poole said yesterday in an interview with Reuters...


quote.bloomberg.com