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.

11.11 Flash Sale! Get 40% OFF Digital Access!

Monthly Plan

RM 13.90/month

RM 8.34/month

Billed as RM 8.34 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 7.40/month

Billed as RM 88.80 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

Asean news headlines as at 10pm on Friday (Nov 7)
French minister raises 'not acceptable' Shein sex dolls with China
Philippine Coast Guard suspends voyages, outdoor tourism in Dinagat as new tropical storm inches closer
PM: Some of our student leaders debate better than our MPs
Missing man found dead in Miri river in jaws of croc
Typhoon Kalmaegi disrupts rail lines in Vietnam
Malaysia makes history by being elected to Unesco Board for 2025-2029 term
Reformative training for teen who acted as lookout while two youths sexually assaulted drunk girl
Cambodian, Thai deminers plan trial clearance zone along border
Indonesian man gets two years jail for human trafficking

Others Also Read