Emerging markets: Thai shares and baht gain after central bank assurance as equities in Singapore gain most on Tuesday (Jan 11)


NNQw9BOwIhb2t9oqsE2u

SINGAPORE Jan 11 (Reuters): South Korea's won led gains among Asian currencies on Tuesday as upbeat economic data raised prospects of an interest rate hike, while telecom stocks kept Singapore shares on track for a fourth straight session of rise.

The Indian rupee, Malaysia's ringgit and Singapore's dollar firmed between 0.2% and 0.3%, as the US dollar stalled a day before crucial inflation data which could provide more clarity on policy normalisation by the Federal Reserve.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

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!

Thai Baht , Strengthening , Asia , Emerging , Markets

   

Next In Aseanplus News

Asean News Headlines at 10pm on Friday (May 10, 2024)
‘Singapore will be in good hands under the 4G team’: PM Lee Lee Hsien Loong, after chairing final Cabinet meeting
Malaysia ready to strengthen ties with S'pore under incoming PM, Lawrence Wong, says Anwar
RM45.85 million: May 9 Toto prize money largest ever won on a single ticket in Singapore
Heatstroke kills 61 in Thailand so far this year, says govt
Japan to provide flood risk maps for four South-East Asian countries - Indonesia, Vietnam, Thailand and Cambodia
Thailand shuts 12 national marine parks amid coral bleaching crisis
Philippines says Iranian forces free one of four Filipino hostages caught last month
Vietnam's VinFast EVs to debut in Philippines at end of May
Amber Chia reveals she often argued with ex-husband, says they never registered marriage

Others Also Read