i Develop Stocks Advisory

Asian Currencies Decline on Record Oil, Fed Outlook Asian currencies fell this week, led by South Korea's won, on speculation record oil prices will damp the region's economic growth and the Federal Reserve may have finished cutting interest rates. All 10 of Asia's most-active currencies outside Japan weakened against the dollar in the past five days as investors shunned emerging-market assets and crude oil climbed to an all- time high. The MSCI Asia Pacific Index of regional shares fell the most in almost two months while HSBC Holdings Plc's Asian Bond Index declined 1.5 percent, extending losses to a fourth week. The won had the biggest weekly loss in two months and India's rupee fell to the lowest since August.