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Sun, Aug 16, 2009 - Page 10 News List

Asian currencies weaken on weak data from China

BLOOMBERG

The euro depreciated 2.6 percent this week to ¥134.84 as of the close in New York on Friday, from ¥138.41 last Friday, in its first weekly loss since the five days ended July 10. The euro was little changed at US$1.4203, from US$1.4183 last Friday.

The yen appreciated 2.8 percent to ¥94.94 per dollar, from ¥97.57.

The yen rose against all 16 of its most-traded counterparts this week, gaining the most against the currencies of commodity producers Canada and Brazil.

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