Thai Baht Gains 0.12% Against US Dollar
At 0224 GMT, the baht was 0.12% higher at 33.72 per dollar after trading between 33.730 and 33.810. It ended the previous session at 33.76 per dollar.
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At 0224 GMT, the baht was 0.12% higher at 33.72 per dollar after trading between 33.730 and 33.810. It ended the previous session at 33.76 per dollar.
An index of emerging Asia equities booked its steepest one-day loss in a week on Wednesday, with Singapore and South Korea shedding the most, as surging crude prices and US yields holding near multi-year peaks steered investors away from the region.
Most regional currencies are set for monthly losses, with the rupiah down 0.9% in September and the Thai baht and Malaysian ringgit down more than 1.3%. Regional stock markets were mixed, while Thailand shares were on course for their steepest one-day drop since June.
Most regional currencies were subdued and set for monthly losses as higher U.S. yields and a firm dollar weighed on sentiment. The rupiah recovered after Bank Indonesia said it would intervene in the spot market when needed.
MSCI EM Asia equities index slips 0.8% Jakarta's equity benchmark down as much as 1.4% India's Nifty 50 down as much as 1.2% Indonesian rupiah weakens to as much as 17,907 (Updates for afternoon trade) By Shruti Agarwal Sept 24 (Reuters) — Emerging Asian stocks and currencies retreated on Thursday, with Indonesian asse
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