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Won, rupee, New Taiwan dollar set for rebound

February 09, 2010  

From Pamela Tang

Risk aversion should subside in the next few weeks and the three Asian currencies are set to be key beneficiaries for revaluation, believes a senior Asia strategist.

The South Korean won, Indian rupee and Taiwan dollar are expected to bounce the back fastest when investor risk aversion retreats, predicts Sébastien Barbe, chief emerging market strategist for Credit Agricole.

Investors have shied away from riskier assets in recent...


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 LOCAL CURRENCY DCM

Rank Bookrunner Value ($m) No. %Share
1 Samsung Securities Co 1,079 13 4.8
2 China Development Bank Corp 1,066 3 4.8
3 KB Financial Group Inc 1,052 10 4.7
4 Daewoo Securities 950 8 4.2
5 Korea Investment & Securities 865 14 3.9
6 Woori Investment & Securities 854 12 3.8
7 SK Securities 758 8 3.4
8 CITIC Securities 686 2 3.1
9 Dongbu Group 650 10 2.9
10 Haitong Securities 649 2 2.9
Subtotal 8,609 70 38.4
Total 22,396 168 100.0

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