Trial now
CHINA PRESS

Copy of China Repo Rates Fall on Wednesday

CHINA PRESS

Evergrande Risks Can Be Controlled: PBOC

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

Most USD/Asia crosses held fairly narrow ranges, with markets in China, Taiwan and South Korea closed in observance of local public holidays.

  • CNH: Spot USD/CNH edged lower as the greenback struggled for any topside momentum. China's markets are set to reopen tomorrow.
  • IDR: The rupiah treaded water ahead of the announcement of Bank Indonesia's monetary policy decision.
  • MYR: USD/MYR eased from a multi-week high, with broader greenback dynamics undermining the pair.
  • PHP: The peso also firmed on the back of USD weakness, amid limited local headline flow.
  • THB: The baht was the worst performer in the Asia EM basket after FinMin Arkhom announced on Monday that Thailand will be raising its official debt cap to 70% from 60% of GDP.