Asian currency depreciation battle intensifies in new year

The trend toward currency depreciation among competing Asia-Pacific economies grew more intense on Monday, with the Taiwan dollar's half-percent fall against the U.S. dollar among the more modest declines compared with regional rivals.

(Full text of the story is now in CNA English news archive. To view the full story, you will need to be a subscribed member of the CNA archive. To subscribe, please read here.)