Emerging markets: Indonesia stocks retreat 0.5% as easing political uncertainty pushes Thai baht to two-month high


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JAKARTA (Reuters): The Thai baht led gains among Asian currencies on Tuesday, scaling a two-month peak, as hopes of a resolution of a political logjam in Thailand and a softer U.S. dollar improved investor sentiment.

The baht surged 0.9%, while investors dealing in stocks remained cautious with the local share market trading about 0.2% higher.

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