Surging dollar pressures Asian FX; S.Korean won leads losses


Emerging Asian equities and currencies were sharply lower on Friday as reports Israel attacked Iran in an escalation of tensions in the Middle East led investors to flee to safe-haven assets, including the U.S. dollar.

South Korea's won fell 0.7% against the dollar by 0634 GMT, leading regional declines. The Indonesian rupiah depreciated as much as 0.7% to a four-year low.

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Asian , currencies , MSCI , Middle East , Federal Reserve

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