Emerging markets: Thai baht rises most since December; Taiwan dollar falls after election

Image from The Nation Thailand/ANN

BANGKOK (Reuters): The Taiwan dollar hit a more than three-week low on Monday even as equities rose following the victory of the country's Democratic Progressive Party in the presidential election, while Thailand's baht advanced the most since mid-December.

Taiwan's currency fell about 0.4%, hitting its lowest level since Dec. 21 at 31.284 per dollar, while its stocks climbed around 0.2%.