Asian currencies weaken on Trump tariff worries, Fed policy in focus


Thailand's baht slipped the most among broadly weaker Asian currencies on Monday as the dollar firmed on renewed worries about U.S. President Donald Trump's tariff plans, while investors awaited the Federal Reserve's policy decision.

The baht fell up to 0.4% and the Indian rupee inched 0.2% lower. The MSCI gauge of emerging market currencies dipped as much as 0.5% in its weakest trading session in more than five weeks.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Aemulus wins RM10.5mil order, marks debut in India
ICT Zone Asia secures RM24.5mil ICT hardware purchase order
FBM KLCI remains steady amid choppy trading
China's yuan edges down as dollar gains; investors watch Iran war talks
MTT Shipping and Logistics targets RM652.5mil IPO to fund fleet expansion
Trump's tariffs had little impact on GDP in 2025, but raised revenue, academic paper finds
Oil prices climb as investors reassess Middle East ceasefire prospects
Lynas to develop rare earths metal production plant in Vietnam
Kenanga sees value in Astro, TA Securities issues sell call
FBM KLCI sees choppy trading in early session

Others Also Read