Emerging markets: Asian currencies hit, Philippines stocks down on dark Friday (Aug 8)


SINGAPORE Aug 7 (Reuters): Tensions over a planned US ban on major Chinese apps hurt most Asian markets on Friday, with Philippine stocks taking an added hit after a jump in coronavirus infections lifted the country's case load to the highest in South-East Asia.

Malaysia's ringgit, often seen as a proxy for China's yuan, lost 0.3% while the South Korean won fell 0.4% as investors worried about further trade restrictions would be the end result of the tensions.

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