FX-Thai clashes hit baht; rupiah leads Asia FX losses

Bareksa • 18 Feb 2014

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Antara - Rupiah dan Dollar

Indonesia's rupiah slid on month-end corporate dollar demand and as investors booked profits

Reuters - The Thai baht weakened as political violence worsened in Bangkok with three people killed in gun battles on Tuesday, while the Indonesian rupiah led
slides in other emerging Asian currencies.    

A Thai police officer and two protesters were killed in the shooting, while  dozens of people were wounded as Thai authorities launched their most offensive operation yet against
protesters seeking to topple the government.

Indonesia's rupiah slid on month-end corporate dollar demand and as investors booked profits from the best performing Asian currency so far this year.

The South Korean won fell on dollar demand from offshore funds and domestic importers as the currency was seen unlikely to strengthen past 1,060 per dollar.

The Philippine peso eased dollar bids linked to daily fixing and dollar-short covering, traders said.
    
CURRENCIES VS U.S. DOLLAR

Change on the day at 0860 GMT
  Currency           Latest bid   Previous day    Pct Move
  Japan yen             102.36         101.93       -0.42
  Sing dlr                 1.2613         1.2587       -0.21
  Taiwan dlr              30.310         30.285       -0.08
  Korean won        1065.60        1060.50       -0.48
  Baht                       32.42          32.27       -0.46
  Peso                       44.60          44.43       -0.38
  Rupiah             11840.00       11770.00       -0.59
  Rupee                     62.18          61.84       -0.55
  Ringgit                 3.2985         3.2945       -0.12
  Yuan                    6.0673         6.0641       -0.05
 
  Change so far in 2014
  Currency         Latest bid  End prev year    Pct Move
  Japan yen            102.36         105.28       +2.85
  Sing dlr                1.2613         1.2632       +0.15
  Taiwan dlr             30.310         29.950       -1.19
  Korean won       1065.60        1055.40        -0.96
  Baht                      32.42          32.86        +1.36
  Peso                     44.60          44.40        -0.46
  Rupiah            11840.00       12160.00       +2.70
  Rupee                  62.18          61.80          -0.61
  Ringgit                3.2985         3.2755        -0.70
  Yuan                  6.0673         6.0539         -0.22