Yen Gets a Lift, Swiss National Bank Talks Tough


Indonesia's quake hits the rupiah and Cambodia tries to de-dollarize - it's time for your FX Fix.

Worries that euro zone debt problems could stunt global growth sent the yen higher against the dollar. [CNBC]

Still, a successful German bond auction and stock futures pointing up sent the euro higher. []

A massive earthquake off Indonesia's coast sent markets there tumbling, and the rupiah fell. []

The Swiss franc strengthened even as the Swiss National Bank vowed to maintain a floor against the euro. [RTT]

China may allow Chinese corporations to borrow yuan offshore in its latest move to stimulate cross-border capital flows. [WSJ]

The Cambodian government is trying to gradually reduce use of the dollar and boost the presence of the riel. [WSJ]



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