Emerging Market - Asian FX steady in thin holiday trade; Thai stocks climb to over one‑year high


SOUTH-EAST ASIA (Reuters): Asian currencies hovered in narrow ranges on Monday, as holiday-thinned trading kept movements subdued, while regional equities edged lower in the absence of strong market cues, even as Thai shares jumped to their highest level since December 2024.

With markets in China, South Korea, Taiwan, the United States and Indonesia closed for holidays, activity was subdued across the region, leaving most currencies and equities largely becalmed.

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