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Asian FX weak on Fed rate-cut outlook; Indonesian rupiah leads losses

Summary by Philstar Global
Rupiah clocks worst session in 2 weeks Taiwan dollar logs biggest percentage loss in 1 month Asian equities mixed; Taipei stocks top laggard Asian currencies fell on Monday, with the Indonesian rupiah leading losses, as investors hesitated to make riskier bets ahead of a key U.S. inflation reading later in the week. The Indonesian rupiah […] The post Asian FX weak on Fed rate-cut outlook; Indonesian rupiah leads losses appeared first on Interaks…

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Philstar Global broke the news in Manila, Philippines on Monday, September 9, 2024.
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