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ra. The yen has fallen markedly; competitor nations such as Korea have seen their currencies weaken, while suppliers to Japan such as Thailand and Malaysia have seen their currencies strengthen. Through all of this the dollar has marched higher even with the market wavering over an early move to taper
: Disclosures relating to our obligations under MiFiD can be found at http://www.globalmarkets.db.com/riskdisclosures. Japan: Disclosures under the Financial Instruments and Exchange Law: Company name - Deutsche Securities Inc. Registration number - Registered as a financial instruments dealer by the Head of the Kanto Local Finance
- 8.47 8.49 8.54 Source: Datastream, Reuters, Bloomberg Finance LP, DB forecasts Hungary Indonesia IDR/USD 9,686 9,950 9,900 9,850 (Fwd. Rates) Malaysia MYR/USD 3.10 3.07 3.05 3.02 (Fwd. Rates) 3.12 3.13 3.16 Philippines PHP/USD 40.7 40.4 39.9 39.3 (Fwd. Rates) 40.7 40.7 40.8 Singapore SGD/USD 1
ies: Disclosures relating to our obligations under MiFiD can be found at http://www.globalmarkets.db.com/riskdisclosures. Japan: Disclosures under the Financial Instruments and Exchange Law: Company name - Deutsche Securities Inc. Registration number - Registered as a financial instruments dealer by the Head of the Kanto Local Finance
land Romania Russia Saudi Arabia South Africa Turkey Ukraine United Arab Emirates Asia (ex-Japan) China Hong Kong India Indonesia Korea Malaysia Philippines Singapore Sri Lanka EFTA01476183 Taiwan Thailand Vietnam Latin America Argentina Brazil Chile Colombia Mexico Peru Venezu
Group's analysts with the coverage companies specified by DSI. Some of the foreign securities stated on this report are not disclosed according to the Financial Instruments and Exchange Law of Japan. Malaysia: Deutsche Bank AG and/or its affiliate(s) may maintain positions in the securities referred to herein and may from time to tim
by DSI. Some of the foreign securities stated on this report are not disclosed according to the Financial Instruments and Exchange Law of Japan. Malaysia: Deutsche Bank AG and/or its affiliate(s) may maintain positions in the securities referred to herein and may from time to time offer those securit
Group's analysts with the coverage companies specified by DSI. Some of the foreign securities stated on this report are not disclosed according to the Financial Instruments and Exchange Law of Japan. Malaysia: Deutsche Bank AG and/or its affiliate(s) may maintain positions in the securities referred to herein and may from time to tim
60.6 61.8 63.9 Indonesia USD/IDR 10278 10500 10500 10000 (Fwd. Rates) Philippines USD/PHP 43.3 42.6 42.3 41.7 (Fwd. Rates) - 10723 11000 11412 Malaysia USD/MYR 3.243.173.153.13 EFTA01464312 (Fwd. Rates) - 3.26 3.27 3.30 - 43.3 43.4 43.6 Singapore USD/SGD 1.27 1.27 1.28 1.30 (Fwd. Rates) - 1.2
: Disclosures relating to our obligations under MiFiD can be found at http://www.globalmarkets.db.com/riskdisclosures. Japan: Disclosures under the Financial Instruments and Exchange Law: Company name - Deutsche Securities Inc. Registration number - Registered as a financial instruments dealer by the Head of the Kanto Local Finance
Entities connected to both Malaysia and the Financial Instruments and Exchange Law

New Zealand
LOCATION
Philippines
LOCATION
Bloomberg L.P.
ORGANIZATION
United States
LOCATION
United Kingdom
LOCATION
Columbia University
LOCATION
Hungary
LOCATION
Chile
LOCATION
Belgium
LOCATION
Norway
LOCATION
Deutsche Bank
ORGANIZATION
Hong Kong
LOCATION
Frankfurt
LOCATION
New York
LOCATION
Moody's
ORGANIZATIONDoug Band
PERSON
U.S. Treasury
ORGANIZATION
North America
LOCATION
Tokyo
LOCATIONDeutsche Bank Securities Inc.
ORGANIZATION