Dogged by worries over Indonesia's economic growth, debt and a difficult policy mix, the rupiah was set for its worst day since March 23, prompting Bank Indonesia to intervene to smooth the exchange rate volatility.
BENGALURU: Indonesia's rupiah was the biggest mover among emerging Asian currencies on Wednesday, weakening 1.5% after officials failed to quell concerns that a proposed new framework for monetary policy-making could undermine the central bank's independence.
Thailand's baht also slipped on the abrupt resignation of the country's newly appointed finance minister.
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