Asian Currencies Mixed: S.Korean Won Surges, Philippine Peso Lags
Asian Currencies Mixed
Asian currencies showed mixed performance against the dollar as of 0208 GMT. The South Korean won surged 0.62% to 1508.20, while the Philippine peso lagged peers, falling 0.43% to 61.545.
Other Currencies
The Taiwan dollar rose 0.11% to 31.435, and the Singapore dollar edged down 0.02% to 1.277. The Japanese yen stood at 158.94, Thai baht at 32.565, Indonesian rupiah at 17760, Indian rupee at 95.23, Malaysian ringgit at 3.961, and Chinese yuan at 6.784.
Year-to-Date Performance
Since the start of 2026, the Indonesian rupiah posted the biggest loss of 6.14%, while the Chinese yuan gained the most at 3.00%. The South Korean won fell 4.56%, Philippine peso 4.46%, Thai baht 3.42%, and Indian rupee 5.63%.
Impacted Symbols
Symbols affected by this headline and their sentiment signals
USD/THB
The Thai baht weakened 0.31% against the dollar, indicating a rise in the USDTHB pair. Dollar strength positively impacts the pair.
U.S. DOLLAR / PHILIPPINE PESO
The Philippine peso weakened 0.43% against the dollar, indicating a rise in the USDPHP pair. Dollar strength positively impacts the pair.
IDX Composite Index
The Indonesian stock market may be indirectly affected by the rupiah's weakness, but the news does not directly focus on the stock index.
The BURSA symbol is not defined, so the impact of the news is unclear.
PSEi Index
The weakening of the Philippine peso could put negative pressure on the Philippine stock exchange, as a weak currency may reduce foreign investor confidence.
SET Index
The decline of the Thai baht could be a negative signal for the Thai stock market, as currency weakness is often associated with economic uncertainty.
STRAITS TIMES INDEX
The Singapore dollar remained nearly flat, so the news has limited impact on the Singapore stock market. However, regional stability may be perceived positively.
U.S. DOLLAR / INDONESIAN RUPIAH
The Indonesian rupiah weakened 0.17% against the dollar, indicating a rise in the USDIDR pair. Dollar strength positively impacts the pair.
U.S. DOLLAR / SOUTH KOREAN WON
The South Korean won strengthened 0.62% against the dollar, meaning the USDKRW pair fell. Won strength negatively impacts the pair.
U.S. DOLLAR / MALAYSIAN RINGGIT
The Malaysian ringgit weakened 0.28% against the dollar, indicating a rise in the USDMYR pair. Dollar strength positively impacts the pair.
USD/SGD
The Singapore dollar remained nearly flat against the dollar (0.02% decline), so there is no significant impact on the USDSGD pair.
U.S. DOLLAR / VIETNAMESE DONG
The Vietnamese dong is not mentioned in the news, so no direct impact on the USDVND pair is expected.
VNINDEX
The Vietnamese stock market is not directly mentioned in the news, so the impact is limited. Regional trends may indirectly affect it.
The news, analyses, and comments on this platform do not constitute investment advice. When making investment decisions, you should conduct your own research and consult with a qualified financial advisor if necessary. FiNews cannot be held responsible for any losses that may arise from the use of this information.
More Headlines
Tokyo Core Inflation Slows, Remains Below BOJ Target
Tokyo Core Inflation Slows, Remains Below BOJ Target
…Nikkei May Rise on Hopes for U.S.-Iran Peace Deal
Nikkei May Rise on Hopes for U.S.-Iran Peace Deal
…Australian Pension Fund HUB24 Faces Regulatory Scrutiny
Australian Pension Fund HUB24 Faces Regulatory Scrutiny
…