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Tag Archives: Indonesian rupiah

Asian currencies increase largely after US jobs data

SINGAPORE: Asian currencies climbed largely on Monday after US jobs data confirmed a shocking fall in wages and motivated shareholders to pare their bullish bets on the greenback. Leading the gains were the South Korean won and the Indonesian rupiah, with the won hitting a two-month high of 1,080.5 versus the dollar. Analysts said the won faced stiff chart resistance ... Read More »

Indonesian Rupiah hits 3 week low against dollar

SINGAPORE: The Indonesian rupiah recorded three-week lows versus the dollar on Wednesday in otherwise quiet currency markets in Asia while shareholders seized their bets after the release of minutes of the Federal Reserve’s previous meeting and euro zone inflation data. The US dollar was broadly steady, staying near 9-year highs versus the euro but recovering some ground it lost to the ... Read More »

Asian currencies down as Fed seen hawkish

SINGAPORE: Most of the emerging Asian currencies moved down on Thursday as the Federal Reserve struck a more hawkish tone than expected at its policy meeting this week. South Korea’s won led losses among emerging Asian currencies on selling from offshore funds. The Indonesian rupiah fell with importers buying dollars for payments. The Malaysian ringgit hit a seven-month low as ... Read More »

Dollar stable in Asia ahead of Fed meeting

TOKYO: The US dollar was steady in Asia on Wednesday as traders eye the outcome of a Federal Reserve policy meeting later in the day. The greenback fetched 108.12 yen in afternoon Tokyo trade against 108.16 yen in New York. The euro was nearly flat at $1.2737 from $1.2733 and 137.73 yen against 137.74 yen. Currency markets were stuck in ... Read More »