Emerging countries' currencies rose before the Fed meeting
The Fed's ruling on Wednesday's currencies rose under the leadership of South Korean won and Indian rupee.
Bloomberg Dollar Spot Index was unchanged at 1.192.23 while MSCI AC Asia Pacific Index increased by 0.7% to 160.06.
In China, the onshore yuan was 6.7138 with a horizontal course, while the offshore yuan was traded at 6.7164. 10-year bond interest rate fell by 2 basis points to 3.14%. South Korea won the first day in four days with the return of investors to Asian markets. Won was trading at 1.132.25 with a 0.4% increase, while the 10-year bond rate was flat at 1.99%.
The Indian rupee went up to the highest level of more than 7 months with the introduction of local assets and the narrowing of the trade deficit. Rupee traded at 68.60, an increase of 0.7% against the dollar.
Indonesian rupees have also increased signals of increasing portfolio flows. 10-year bond interest rate fell by 4 basis points to 7.73%.
The Thai baht increased by 0.1% to 31.651, while the 10-year bond interest rate decreased by 2 basis points to 2.53%. The Malaysian Rings rose for the first time in 4 days. Ringit increased by 0.2% to 4.082, while 10-year bond interest rate stood at 3.86%.
The Philippine peso was flat before the Central Bank's decision this week. Taiwan dollar increased by 0.2%, 10-year bond interest rate was 0.79%.
The Fed's ruling on Wednesday's currencies rose under the leadership of South Korean won and Indian rupee.
In China, the onshore yuan was 6.7138 with a horizontal course, while the offshore yuan was traded at 6.7164. 10-year bond interest rate fell by 2 basis points to 3.14%. South Korea won the first day in four days with the return of investors to Asian markets. Won was trading at 1.132.25 with a 0.4% increase, while the 10-year bond rate was flat at 1.99%.
The Indian rupee went up to the highest level of more than 7 months with the introduction of local assets and the narrowing of the trade deficit. Rupee traded at 68.60, an increase of 0.7% against the dollar.
Indonesian rupees have also increased signals of increasing portfolio flows. 10-year bond interest rate fell by 4 basis points to 7.73%.
The Thai baht increased by 0.1% to 31.651, while the 10-year bond interest rate decreased by 2 basis points to 2.53%. The Malaysian Rings rose for the first time in 4 days. Ringit increased by 0.2% to 4.082, while 10-year bond interest rate stood at 3.86%.
The Philippine peso was flat before the Central Bank's decision this week. Taiwan dollar increased by 0.2%, 10-year bond interest rate was 0.79%.
