Thai baht, Indonesian rupiah lead Asian currencies higher


BENGALURU: Most Asian currencies firmed on Tuesday, with the Thai baht and Indonesian rupiah leading the pack, as the U.S. dollar remained under pressure from waning conviction about any immediate U.S. Federal Reserve stimulus tapering.

The baht extended its gains into a third consecutive session, appreciating as much as 0.4% to hit a near two-month high, while the Indonesian rupiah rose for a second day to scale a near one-month high.

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