1. The currency slumped to a record low. 2. Foreign investors fled the region as other currencies slumped. 3. The Australian currency also slumped against the New Zealand dollar. 4. The price of pesos in the futures market reflect expectations that the currency will slump further. 5. The New Zealand currency has slumped in recent weeks amid calls by the central bank for lower interest rates and a weaker currency. 6. The U.S. currency also slumped against the yen in Asian trading after Japanese officials proposed tax cuts aimed at stimulating the economy. 7. The U.S. currency slumped in early trading as overseas funds tried to make up for losses on their Russian investments by taking profits on their dollar positions. 8. While most other Asian currencies have slumped in value, the Hong Kong dollar has remained strong because of its link to the strong U.S. currency. 9. Canadian banks suspended trading the Canadian dollar on the inter-bank market Friday, after the currency slumped in early trading. 10. On Wednesday, the currency had slumped on the back of falling Swedish futures. |