TOKYO: Higher-yielding emerging market currencies rose against the dollar in Asia on Friday, after a jump in crude prices and hints the European Central Bank (ECB) could unleash more stimulus helped cheer traders.
The South Korean won and the Malaysian ringgit were among top gainers, after taking a battering over concerns of slowing global economic growth, the impact of a US rate rise and a slump in oil to below $30 a barrel.
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