{
    "success": true,
    "data": {
        "id": 1101277,
        "msgid": "asian-currencies-mostly-down-late-on-yen-1447893297",
        "date": "2001-10-26 00:00:00",
        "title": "Asian currencies mostly down late on yen",
        "author": null,
        "source": "DJ",
        "tags": null,
        "topic": null,
        "summary": "Asian currencies mostly down late on yen Most Asian currencies floundered late Thursday as the yen slumped past 123 yen to the dollar, and concerns over the region's deteriorating fundamentals continued to loom in the background, dealers said in Singapoer. The South Korean won and the New Taiwan dollar largely held their own, as persistent foreign equity fund inflows into their respective stock markets negated the pressure from the yen, dealers said. At 0853 GMT (2.53 p.m.",
        "content": "<p>Asian currencies mostly down late on yen<\/p>\n<p>Most Asian currencies floundered late Thursday as the yen<br>\nslumped past 123 yen to the dollar, and concerns over the<br>\nregion's deteriorating fundamentals continued to loom in the<br>\nbackground, dealers said in Singapoer.<\/p>\n<p>The South Korean won and the New Taiwan dollar largely held<br>\ntheir own, as persistent foreign equity fund inflows into their<br>\nrespective stock markets negated the pressure from the yen,<br>\ndealers said.<\/p>\n<p>At 0853 GMT (2.53 p.m. Jakarta Time), the dollar was quoted at<br>\n123.26 yen, above 122.90 yen late Wednesday in New York. The<br>\ndollar was at 122.60 yen late Wednesday in Tokyo.<\/p>\n<p>The Singapore dollar was the hardest hit in Asia, temporarily<br>\nsinking past S$1.8300 against its U.S. counterpart to hit an<br>\nintraday low of S$1.8325 in earlier trading - its weakest level<br>\nsince July 19.<\/p>\n<p>The weaker yen, euro and rupiah led participants to again<br>\nprobe the boundaries of the Monetary Authority of Singapore's<br>\nwidened policy band, pushing the local currency lower, dealers<br>\nsaid.<\/p>\n<p>Late Thursday, the U.S. dollar was at S$1.8277, still higher<br>\nthan S$1.8262 late Wednesday, as the market's voracious appetite<br>\nfor the U.S. currency continued to keep it afloat.<\/p>\n<p>Intermittent light dollar sales by state banks, believed to be<br>\nacting on behalf of the Indonesian central bank, mitigated the<br>\npressure on the rupiah, which has been bruised by corporate<br>\ndemand for dollars, dealers said.<\/p>\n<p>The dollar was at Rp 10,250, higher than Rp 10,230 late<br>\nWednesday.<\/p>\n<p>The peso closed at 52.010 pesos, its weakest level since Aug.<br>\n9, compared with 51.945 pesos Wednesday. Volume rose to $100<br>\nmillion from $85.3 million Wednesday.<\/p>\n<p>The dollar was at 44.880 baht, higher than 44.765 baht late<br>\nWednesday.<\/p>\n<p>Taiwan's central bank bought U.S. dollars to curb the local<br>\ncurrency's strength, dealers said.<\/p>\n<p>Against the New Taiwan dollar, the U.S. currency closed at<br>\nNT$34.545, unchanged from Wednesday. Dealings were valued at<br>\nUS$273 million.<\/p>\n<p>In Seoul, the dollar finished at 1,297.0 won, after trading in<br>\na tight 2 won-range, marginally higher than 1,296.0 won<br>\nWednesday.--Dow Jones<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/asian-currencies-mostly-down-late-on-yen-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}