JAKARTA March 5 (Reuters): Indonesia's rupiah was hovering around four-month lows on Friday as rising US bond yields sent the dollar higher and hit appetite for Asia's emerging currency and stock markets.
Stock markets in Asia suffered early falls following overnight comments by Federal Reserve Chairman Jerome Powell, who reiterated the Fed's policy stance as appropriate, even though he thought the recent bond sell-off was "notable".
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!