MOST emerging Asian currencies were subdued on Friday, with the Indonesian rupiah touching a fresh four-year low as the Federal Reserve's reluctance to cut interest rates added pressure.
The Indonesian rupiah slipped as much as 0.3% to 16,475.00, the lowest since early April 2020, a day after Bank Indonesia (BI) kept its interest rate unchanged and said it would fine-tune other tools to stabilise the weakening currency.
