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.

Subscribe now for a chance to win your dream holiday!

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

Thaksin rules out taking political position, says will only advise daughter
French gold medallists Perec and Riner light Olympic cauldron
Country needs to expand its Madani Economy Framework to grow
The Philippines says its forces sailed to hotly disputed shoal guarded by China without any clashes
Australia bans uranium mining at Indigenous site
France relieved after super success - Paris dazzles with a rainy Olympics opening ceremony on the Seine River
Epic pool rivalry lights up first day of Olympic medal action; China and Japan to lead Asia's charge at the Games
TikTok goes all-out in Washington with its US survival at stake
China’s Wang blasts Philippines over South China Sea tensions
Australia signs US$1.4 bil deal to upgrade navy submarines

Others Also Read