On Saturday, Group of Seven finance officials issued a warning against large depreciations of currencies.
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Maureen said the depreciation of currencies across Southeast Asian had little impact on the British airline's business.
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G-7 finance officials, meeting in Hong Kong in September, issued a warning against large depreciations of currencies.
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The depreciation of currencies in economically depressed regions has worked to provide the U . S . economy with imports at much cheaper prices than before.
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Analysts and investment houses said the yen's continued depreciation could create a domino effect in the region, leading to yet another round of wholesale depreciations of currencies.
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The decline is attributed to the sharp depreciation of currencies in the crisis-stricken Asian countries, causing their exports to be substantially cheaper in dollar term, Rangsan said.
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Leaders in Florence are expected to approve plans to limit the depreciation of currencies that fail to qualify for or decide to stay out of the monetary union.
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In view of the depreciation of currency values, the region has become more attractive as a base for the production of high quality components, particularly labour-intensive composite items.
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The depreciation of currencies such as the Thai baht, the Indonesian rupiah and the Korean won threaten to hurt British exports, while making imports from those countries cheaper.
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Since there is no supply of paper board in the region, Tetra Pak has seen its production costs rising in Asia which has faced a major depreciation of currencies.
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