Emerging markets: Indonesian rupiah drops and hit three-month low as Asian stocks and FX mixed on Omicron concerns


JAKARTA, Dec 6 (Reuters): The Indonesian rupiah hit an over three-month low on Monday, as Asia's emerging markets were mixed amid investors assessing the potential economic fallout of the new Omicron variant and an increasingly hawkish commentary from the U.S. Federal Reserve.

Rupiah fell for a fourth straight session to its lowest since Aug. 20, while South Korea's won weakened 0.5%, its biggest intraday drop in nearly three weeks, against the dollar.

Save 30% for ads-free and full access now!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


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!

Others Also Read


Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a member? Log In