Asia markets, dollar tumble – answers

By Berni | March 10, 2008

Asia markets, dollar tumbles

gap-fill

  1. A weaker dollar weighed on regional exports.
  2. The dollar toppled against a basket of currencies while touching a new low against the euro.
  3. In Japan the government nominated Toshiro Muto as the next Central Bank governor.
  4. Muto would follow Toshihiko Fukui, whose five year term ends on March 19th.
  5. Whose board kept rates steady at his last Bank of Japan policy meeting Friday.
  6. There will be high risk if they can’t come to some conclusion about the BOJ governor and his deputies.
  7. This would be very negative for the markets.
  8. There may be a top level meeting between Prime Minister Fukuda and the opposition leader Ozawa.
  9. In Seoul the constant decline is financials like banks ease on concerns among further US credit market turmoil.*
  10. In Sydney the benchmarks hit a six – week low with banks down sharply.

* this sentence doesn’t make a lot of sense – there are incoherent sounds so this is an aproximation of what he says

 

Posted in Business E-learning Modules