Emerging markets: Indonesia's rupiah firm after central bank holds rates and stocks pare losses


JAKARTA, Oct 19 (Reuters): Indonesia's rupiah remained firm on Tuesday after the country's central bank held interest rates steady as expected, while other Asian currencies basked in the dollar's decline that was prompted by weak US data and improving risk sentiment.

Leading gains, the South Korean won surged 0.8% and the Thai baht rose 0.6%, while the Philippine peso, the Singapore dollar, and Taiwan's dollar also strengthened.

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