WSJ latest news-Plunging Currencies Crimp Asian Firms

Plunging Currencies Crimp Asian Firms
By Sean McLain in New Delhi and I Made Sentana in Jakarta —R. Jai Krishna in New Delhi and Jason Ng in Kuala Lumpur contributed to this article.
The Wall Street Journal Europe
03 Sep 2013

Companies in exposed parts of Asia are facing a debt-repayment crunch as plunging local currencies make it more costly to repay foreign loans, a situation that is exacerbating stresses on the region’s economies. Asian companies took out sizable…read more…

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s