JAKARTA, June 18 (Reuters): Indonesian stocks slid nearly 2% and the rupiah weakened on Friday as surging Covid-19 cases sapped risk appetite and squashed hopes that the central bank's accommodative stance would allow equity markets to recover.
South Korea's won fell for the fifth consecutive day in its worst week since March 2020, while other regional currencies were mixed, as investors further digested the US Federal Reserve's hawkish signals this week.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!