Emerging markets: Indonesian rupiah falls on virus concerns; Asia forex eyes Fed meeting


JAKARTA, June 14 (Reuters): Indonesia's rupiah was on track for its biggest daily fall in over three weeks on Monday amid surging coronavirus infections, while trading in most other Asian emerging markets was muted ahead of a Federal Reserve meeting this week.

The rupiah weakened 0.3% and was set for its biggest one-day fall since May 20 after Indonesia on Sunday reported the highest number of daily coronavirus cases since late February.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Aseanplus News

Heartbreak as Speedy Tigers lose to Pakistan after last-minute goal in Ipoh
Upset win for Ridwan
Don't make comparisons to previous govt, says Dr Wee on country's press freedom ranking
India waits for details on arrests in Canada over Sikh separatist's murder
Tragedy strikes South Sulawesi as landslides and floods claim 15 lives, says disaster agency
Asean News Headlines at 10pm on Saturday (May 4, 2024)
Northern Gaza facing widespread famine that may spread to south, says top UN official
Singapore public warned against consuming three health products that contain potent ingredients, including steroids
Heatwave hammers Thailand's stinky but lucrative durian farms
Indonesia to permanently relocate 10,000 people after Ruang volcano eruptions

Others Also Read