archiveIndonesian rupiah

* Philippine peso falls 1% to 2-month low * Indonesian rupiah down 0.3% ahead of rate decision * Federal Reserve decision due later in the day By Himanshi Akhand June 18 (Reuters) - Emerging Asian currencies lost ground on Wednesday as the dollar held firm on safe-haven demand as the conflict between Israel and Iran entered a sixth day, while investors awaited rate decisions by the Bank Indonesia and the Federal Reserve. Iran and Israel launched new missile strikes at each other, with U.S. President Donald Trump calling for Iran's...

(Corrects paragraph 1 and 9 to say Singapore stocks gained for the sixth straight session, not seventh) * Indonesian rupiah leads losses * Asian equities mixed * Stocks in Malaysia snap three straight sessions of losses By Rishav Chatterjee April 22 (Reuters) - Currencies in emerging Asia were subdued on Tuesday, weighed down by President Donald Trump's renewed criticism of the U.S. Federal Reserve, while Singapore equities extended their winning streak into a sixth straight session. An MSCI index of Asian emerging market equities snapped a three-day streak of gains,...

BENGALURU: Indonesia’s rupiah hit a record low and its equities sank on Tuesday, as traders returned after an extended break to price in the impact of sweeping US tariffs that threatened to upend global trade and stoked recession fears. Jakarta stocks were last down 7.6%, on course for their biggest one-day percentage fall since September 2011. The benchmark index had dropped more than 9% in early trading, triggering a 30-minute halt. The rupiah fell 1.8% to an all-time low of 16,860 against the US dollar. An official at Bank Indonesia...

BENGALURU: Indonesian equities rallied 4% on Wednesday after a period of relentless selling on worries over the country’s growth outlook and fiscal stability, though market participants cautioned the recovery might be short-lived. Sharp gains in banks across Southeast Asia, particularly Bank Central Asia and Bank Rakyat Indonesia, propelled the MSCI index of ASEAN equities by 1% to its highest level in more than two weeks. The two Indonesian banks account for roughly 6.7% of the index, while Indonesia’s overall weight in the index is 15%. Jakarta’s benchmark index rose to...

BENGALURU: The Indonesian rupiah plummeted to its weakest since the Asian Financial Crisis nearly three decades ago on Tuesday, pressured by concerns about the fiscal health of Southeast Asia’s largest economy, but managed to recoup some lost ground after intervention by the central bank. The rupiah weakened as much as 0.5% to 16,640 per US dollar, its weakest since the lifetime low it hit in June 1998 during the Asian Financial Crisis. The currency was last trading at a near-one-month low of 16,590 a dollar. The currency has lost more...