Sun, Jul 13, 2014 - Page 15 News List

Rupiah advances on poll outlook; won, rupee slide

Bloomberg and staff writer, with CNA

The Bloomberg Dollar Spot Index, which tracks the greenback against 10 major counterparts, fell 0.1 percent to 1,006.89, its fourth drop in five weeks.

Meanwhile, the pound had its first weekly decline since May on signs Britain’s growth is struggling to keep up with economists’ estimates.

The pound declined 0.3 percent this week to US$1.7116 in London on Friday, after climbing to US$1.7180 on July 4, the highest level since October 2008. It weakened 0.4 percent to £0.7951 per euro.

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