
Asian FX Suffers Fall-Out From Japan
MARKET NEWS
TOKYO -- Currencies and economies in some emerging Asian countries are starting to suffer as the yen continues its downward slide, local analysts told FX Week.
The outlook for Korea and Thailand -- countries that compete with Japan internationally in the exports market -- is particularly bleak, they said, as the cost of Japanese goods abroad decreases with the plummeting yen.
"The degree of regional exposure to Japan is a concern for emerging markets," Julian Jessop, treasury economist at Standard
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