Emerging markets - Philippine stocks face worst day in nearly two months as stocks in Bangkok shed 0.3%

MANILA, Jan 31 (Reuters): Most Asian currencies and stock markets slipped on Tuesday, with traders waiting to see if the US central bank would slow the pace of its interest rate hikes as inflation and the economy show signs of losing momentum.

Indonesia's rupiah, which has gained nearly 4% so far this month, fell 0.1% to hover near its lowest level since last September.