Asian currencies tumble as dollar surges on Trump win wagers

Quick Summary:

SINGAPORE's dollar and Thailand's baht fell the most among Asian currencies on Wednesday, while the Mexican peso hit a two-year low as the dollar rallied on wagers for Donald Trump to win the U.S.presidential election, which stayed too close to call.

Thailand's baht slumped 1.3% to a two-month low, while the South Korean won also fell as much as 1.5% to its lowest since mid-April.

The central bank also said it was closely monitoring the U.S.election and was prepared to manage market volatility and ensure orderly market conditions.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaIndonesiaSouth KoreaSingaporeThailand

Topics: Thailand baht /Business/Business News Dollar Forex Asian Currencies Bank Negara Ringgit

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 14:56:00 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 483 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23443634

View Article Analysis

About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 35 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 55 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

Frequently Asked Questions