Asian currencies rose for a second day, led by Malaysia’s ringgit and South Korea’s won, as a global stocks rally and optimism Europe will tackle its debt crisis spurred risk-taking. The Bloomberg-JPMorgan Asia Dollar Index and the MSCI Asia Pacific Index of shares extended rebounds from five-month lows and the Standard & Poor’s 500 Index had its biggest rally in more than two months in New York yesterday. Germany’s Finance Minister Wolfgang Schaeuble said after a meeting with his French counterpart Pierre Moscovici that the two nations will do “everything necessary” to ensure Greece remains in the euro. European Union leaders meet tomorrow for a summit in Brussels.
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