Tim Condon, head of research for Asia at ING Groep NV in Singapore, comments on the outlook for South Korea’s won in a research note released today. He forecasts the won will weaken 0.8 percent to 1,080 per dollar in three months.
Tim Condon, head of Asian research for ING Groep NV, comments in a report on the chances of Taiwan’s central bank cutting the discount rate on 10-day loans as government exports data due today will probably show a slowdown. The Central Bank of China (Taiwan) will meet on Dec. 30. Policy makers refrained from raising interest rates in the Sept. 30 meeting after five straight quarters of increases.