Asian currencies fell to multi-month lows on Friday with South Korea's won and Malaysia's ringgit bearing the heaviest losses as investors abandoned riskier regional assets after the U.S. imposed new tariffs on dozens of trading partners.
The won weakened 0.69% to an over two-month low of 1,401.53 against the dollar, while the ringgit dropped 0.5% to its weakest since June 23. Both currencies are set for their worst weekly performance since late February and late January, respectively.
