Emerging markets: Thai baht slips 0.4% as most regional currencies to post weekly losses


BANGKOK, June 4 (Reuters): South Korea's won softened by about 0.3% on Friday and was set for its third straight session of losses, while the Thai baht slipped 0.4% as the US dollar hit multi-week highs after strong private payrolls data on Thursday (June 3).

Most emerging Asian equities declined on Friday, with Malaysian shares falling the most as domestic coronavirus cases rise, while currencies weakened after upbeat economic data from the United States boosted the dollar.

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