Hindi nagbibigay ng serbisyo ang XM sa mga residente ng Estados Unidos.

Indonesian rupiah hits 4-year low on resilient dollar



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>EMERGING MARKETS-Indonesian rupiah hits 4-year low on resilient dollar</title></head><body>

Indonesian rupiah set for over 1% weekly loss

Most Asian currencies headed for weekly losses

Singapore stocks set for worst week since mid-April

By Adwitiya Srivastava

June 14 (Reuters) -Indonesia's rupiah fell to a four-year low on Friday, pressured by a strong dollar even as the local central bank intervenes in the foreign exchange market to maintain investor confidence, while most other Asian currencies drifted within tight ranges.

The rupiah IDR= fell as much as 0.7% to hit 16,375.00, its lowest level since early April 2020. For the week, it was down more than 1%, and has now lost 6% year-to-date, making it the second-worst performing currency in the region after the Thai baht.

The rupiah weakness comes a week ahead of the Bank Indonesia's (BI) monetary policy meeting where it is widely expected to keep interest rates unchanged. But with the rupiah under pressure, analysts have not ruled out a rate hike.

"Our base case is for Bank Indonesia to stay on hold, but the risk of a 25 basis point rate hike is relatively high, in our view, especially if the currency comes under renewed pressure," Barclays analysts wrote in a client note.

Indonesia's central bank said on Friday it had intervened in the foreign exchange market to maintain confidence and ensure supply and demand of the rupiah, adding that monetary policy would be consistent to ensure inflation was under control and the currency was stable.

Elsewhere in Asia, the Japanese yen JPY= fell to a more than six-week low after the Bank of Japan (BOJ) stood pat on rates and said it would trim bond buying in the future, pressuring other regional currencies and bonds as well.

Asian currencies have been pressured by the BOJ not sending as clear a signal about reducing bond purchases as the market expected, said Poon Panichpibool, a markets strategist with Krung Thai Bank, with a detailed plan not due until next month.

"It has kind of disappointed the market in the way that added to further weakness in the Japanese yen and drove the U.S. dollar higher," he said.

The dollar index =USD, which measures the greenback against a basket of major currencies, was trading at 105.29 as of 0408 GMT, supported by the likelihood of the Federal Reserve keeping interest rates higher for longer.

In Asia, the South Korean won KRW=KFTC, the Taiwanese dollar TWD=TP, the Thai baht THB=TH, and the Malaysian ringgit MYR= declined between 0.1% and 0.2%.

Most Asian currencies were on track to end the week in the red, if the trend holds, with the Thai baht, South Korean won, and the Malaysian ringgit losing between 0.4% and 1%.

Among equities, Singapore stocks .STI fell 0.5%, eyeing their worst week since April 19, while those in Jakarta .JKSE declined 0.3%, hitting the lowest level since November 2023.

Elsewhere in Asia, the International Monetary Fund approved the second review of Sri Lanka's $2.9 billion bailout.


HIGHLIGHTS:

** Thai PM says setting new inflation target range should increase rate cut chance

** Malaysia keeps inflation outlook for 2024 after diesel subsidy reforms

** US govt returns $156 mln worth of 1MDB funds to Malaysia, embassy says


Asia stock indexes and currencies at 0326 GMT

COUNTRY

FX RIC

FX DAILY %

FX YTD %

INDEX

STOCKS DAILY %

STOCKS YTD %

Japan

JPY=

-0.44

-10.56

.N225

0.72

17.16

China

CNY=CFXS

-0.03

-2.16

.SSEC

-0.43

1.38

India

INR=IN

+0.00

-0.40

.NSEI

0.00

7.67

Indonesia

IDR=

-0.64

-5.96

.JKSE

-0.26

-6.31

Malaysia

MYR=

-0.06

-2.51

.KLSE

-0.23

10.44

Philippines

PHP=

+0.11

-5.52

.PSI

-0.09

-1.00

S.Korea

KRW=KFTC

-0.21

-6.45

.KS11

0.32

4.09

Singapore

SGD=

-0.05

-2.38

.STI

-0.48

2.11

Taiwan

TWD=TP

-0.19

-5.11

.TWII

0.42

24.96

Thailand

THB=TH

-0.07

-6.98

.SETI

-0.01

-7.36



Reporting by Adwitiya Srivastava in Bengaluru; Editing by Jamie Freed

</body></html>

Disclaimer: Ang mga kabilang sa XM Group ay nagbibigay lang ng serbisyo sa pagpapatupad at pag-access sa aming Online Trading Facility, kung saan pinapahintulutan nito ang pagtingin at/o paggamit sa nilalaman na makikita sa website o sa pamamagitan nito, at walang layuning palitan o palawigin ito, at hindi din ito papalitan o papalawigin. Ang naturang pag-access at paggamit ay palaging alinsunod sa: (i) Mga Tuntunin at Kundisyon; (ii) Mga Babala sa Risk; at (iii) Kabuuang Disclaimer. Kaya naman ang naturang nilalaman ay ituturing na pangkalahatang impormasyon lamang. Mangyaring isaalang-alang na ang mga nilalaman ng aming Online Trading Facility ay hindi paglikom, o alok, para magsagawa ng anumang transaksyon sa mga pinansyal na market. Ang pag-trade sa alinmang pinansyal na market ay nagtataglay ng mataas na lebel ng risk sa iyong kapital.

Lahat ng materyales na nakalathala sa aming Online Trading Facility ay nakalaan para sa layuning edukasyonal/pang-impormasyon lamang at hindi naglalaman – at hindi dapat ituring bilang naglalaman – ng payo at rekomendasyon na pangpinansyal, tungkol sa buwis sa pag-i-invest, o pang-trade, o tala ng aming presyo sa pag-trade, o alok para sa, o paglikom ng, transaksyon sa alinmang pinansyal na instrument o hindi ginustong pinansyal na promosyon.

Sa anumang nilalaman na galing sa ikatlong partido, pati na ang mga nilalaman na inihanda ng XM, ang mga naturang opinyon, balita, pananaliksik, pag-analisa, presyo, ibang impormasyon o link sa ibang mga site na makikita sa website na ito ay ibibigay tulad ng nandoon, bilang pangkalahatang komentaryo sa market at hindi ito nagtataglay ng payo sa pag-i-invest. Kung ang alinmang nilalaman nito ay itinuring bilang pananaliksik sa pag-i-invest, kailangan mong isaalang-alang at tanggapin na hindi ito inilaan at inihanda alinsunod sa mga legal na pangangailangan na idinisenyo para maisulong ang pagsasarili ng pananaliksik sa pag-i-invest, at dahil dito ituturing ito na komunikasyon sa marketing sa ilalim ng mga kaugnay na batas at regulasyon. Mangyaring siguruhin na nabasa at naintindihan mo ang aming Notipikasyon sa Hindi Independyenteng Pananaliksik sa Pag-i-invest at Babala sa Risk na may kinalaman sa impormasyong nakalagay sa itaas, na maa-access dito.

Babala sa Risk: Maaaring malugi ang iyong kapital. Maaaring hindi nababagay sa lahat ang mga produktong naka-leverage. Mangyaring isaalang-alang ang aming Pahayag sa Risk.