Most Asian currencies slip as dollar edges off 3-year lows

Most Asian currencies slip as dollar edges off 3-year lows

BENGALURU (Jan 18): Most Asian currencies weakened on Thursday, with the dollar gaining after European Central Bank officials voiced concerns about euro strength and Apple Inc said it planned to repatriate billions of dollars to the United States.

The dollar index against a basket of six major currencies was up 0.3% at 90.840, getting some respite after slipping to three-year lows.

The euro nursed losses on Thursday, after slipping overnight on ECB policymaker Ewald Nowotny's comments the euro's recent strength against the dollar is "not helpful".

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