Economic Calendar

Monday, August 11, 2008

China's Yuan, Ringgit, Singapore Dollar: Asia Currency Preview

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By Aaron Pan

Aug. 11 (Bloomberg) -- The following events and economic reports may influence trading in Asian currencies today.

Exchange rates are from the previous session.

Japanese yen: There are no events scheduled today in Japan that may move the foreign-exchange market.

The yen was at 110.28 a dollar at 7:15 a.m. in Sydney.

China's yuan: Producer prices rose 9 percent in July from a year earlier, after an 8.8 percent increase the previous month, economists said in a Bloomberg News survey before a government report today.

The yuan was at 6.8588.

Malaysian ringgit: Industrial production rose 2 percent in June from a year earlier, following a 2.5 percent increase the previous month, economists said in a Bloomberg survey before the government reports the data at 12:01 p.m. today.

The ringgit was at 3.3015.

Singapore dollar: The government is scheduled to report second-quarter economic growth data today.

The local dollar was at S$1.3995.

South Korean won: The government will report July unemployment data on Aug. 13. The jobless rate was 3.2 percent in June.

The won was at 1,027.90.

To contact the reporter on this story: Aaron Pan in Hong Kong at apan8@bloomberg.net.


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