Philippines' peso plumbs as Thai baht suffer same fate - multi-month lows as Asian Forex falls


MANILA, June 21 (Reuters): Thai baht plumbed a more than eight-month low on Monday, the Philippine peso dropped to 2-1/2-month troughs and stock markets across Asia fell as broad-based dollar strength took a toll across emerging markets.

The Thai Baht weakened 0.6%, hitting its lowest since Oct. 1, as the bullish dollar technical bias remained intact, Reuters technical analyst Catherine Tan said. She said a break for the exchange rate above 31.60 could trigger more dollar buying.

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