South Korean Won, Philippine Peso Lead Losses Among Asian FX
Asian Currency Rates: South Korean Won and Philippine Peso Decline
The South Korean won and Philippine peso led losses among Asian currencies against the US dollar. The table below shows rates for Asian currencies versus the dollar at 0207 GMT.
Current Exchange Rates
The Japanese yen traded at 159.580, Singapore dollar at 1.279, Taiwan dollar at 31.400, South Korean won at 1507.500, Thai baht at 32.675, Philippine peso at 61.658, Indonesian rupiah at 17775.000, Indian rupee at 95.690, Malaysian ringgit at 3.972, and Chinese yuan at 6.783.
Year-to-Date Performance (2026)
Since end-2025, the Indonesian rupiah posted the biggest loss of 6.22%, followed by the Indian rupee (6.08%) and Philippine peso (4.64%). The South Korean won fell 4.51% and Thai baht dropped 3.75%. In contrast, the Chinese yuan gained 3.03%, Malaysian ringgit rose 2.11%, and Singapore dollar appreciated 0.48%.
Impacted Symbols
Symbols affected by this headline and their sentiment signals
The BURSA symbol is not identified, so its impact cannot be assessed.
VNINDEX
The VN-Index is not directly impacted by currency moves, but a weak currency could support exporters.
U.S. DOLLAR / INDONESIAN RUPIAH
The Indonesian rupiah has depreciated 6.22% year-to-date, making it one of the weakest performers among Asian currencies.
U.S. DOLLAR / SOUTH KOREAN WON
The South Korean won is the focus of the news, with a daily loss of 0.54% and a year-to-date decline of 4.51%.
U.S. DOLLAR / MALAYSIAN RINGGIT
The Malaysian ringgit weakened 0.30% against the dollar, but has gained 2.11% year-to-date, showing relative resilience.
U.S. DOLLAR / PHILIPPINE PESO
The Philippine peso is a focus of the news, with a daily loss of 0.48% and a year-to-date decline of 4.64%.
USD/SGD
The Singapore dollar was only marginally affected with a 0.18% decline and remains stable with a 0.48% gain year-to-date.
USD/THB
The Thai baht fell 0.24% and has depreciated 3.75% year-to-date, indicating weakness.
U.S. DOLLAR / VIETNAMESE DONG
The Vietnamese dong is not directly mentioned in the news, but may be indirectly affected by regional weakness.
IDX Composite Index
The IDX Composite may be negatively affected by the rupiah's 6.22% depreciation, as it signals macroeconomic instability.
PSEi Index
The PSEi Index may be negatively impacted by the Philippine peso's 4.64% depreciation, as it indicates economic challenges.
SET Index
The SET Index may be negatively affected by the baht's 3.75% depreciation, but the impact may be limited.
STRAITS TIMES INDEX
The Straits Times Index may be indirectly affected by the limited decline of the Singapore dollar, but there is no direct impact.
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.
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