Emerging markets: South-East Asian currencies weaken - rupiah, baht and peso among top losers as China data clouds outlook


JAKARTA, Aug 15 (Reuters): South-East Asian currencies were pressured on Monday by disappointing activity data from China, with the Indonesian rupiah and the Philippine peso leading losses, while the Thai baht weakened on mixed economic growth data.

China's yuan fell 0.3% to 6.7589 per dollar after a spate of bearish factory and retail activity data signalled a hit to the world's second-largest economy and the region's biggest trading partner.

Get 30% off with our ads free Premium Plan!

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!
south-East Asia , Currencies , Weakening

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