Singapore : South Korea's won and the Malaysian ringgit fell last week as concern about Greece's ability to secure financial assistance from the European Union cooled demand for emerging-markets assets.

Thailand's baht advanced as overseas investors pumped more funds into the nation's shares.

The Bloomberg-JPMorgan Asia Dollar Index retreated from a high as China rebuffed international calls for a stronger yuan, provoking a spat with US lawmakers. Greece on March 3 announced its third round of measures this year to help secure a pledge of European aid before 20 billion euros (Dh99.5 billion) of debt comes due in the next two months.

Greek Prime Minister George Papandreou said on March 18 he may turn to the IMF to overcome his nation's debt crisis unless EU leaders agree to set up a lending facility.

The won slid for the first week in four on speculation the central bank will hold off from raising interest rates from a record low.

The currency retreated from near a two-month high as President Lee Myung Bak named Kim Choong-soo to lead the Bank of Korea from April 1.