Asian currencies had a second weekly advance on speculation the U.S. and China will adjust policies to revive the world’s two biggest economies, boosting demand for riskier assets. Malaysia’s ringgit gained the most since January and South Korea’s won reached a two-week high after Federal Reserve Chairman Ben S. Bernanke said on July 17 that policy makers are studying options for further stimulus measures. Premier Wen Jiabao said the government needs to assess the situation in China’s economy, which grew at the slowest pace since 2009 last quarter, Xinhua News Agency reported on July 15.
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