South-East Asia: Philippines, Indonesia recover on upbeat US data; Thai baht firms


JAKARTA/MANILA Aug 4 (Reuters): Share markets in Indonesia and the Philippines recovered more than 1% on Tuesday after sharp falls a day earlier, as strong US manufacturing data lifted investor spirits globally, offsetting worries over surging coronavirus cases at home.

Indonesia's rupiah also dipped by a third of a percent but other currencies across Asia's developing economies were steady to marginally higher, with the Thai baht up 0.6% ahead of this week's central bank meeting.

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