{
    "success": true,
    "data": {
        "id": 1384625,
        "msgid": "asian-currencies-up-and-down-on-dollar-1447893297",
        "date": "1998-12-17 00:00:00",
        "title": "Asian currencies up and down on dollar",
        "author": null,
        "source": "AFP",
        "tags": null,
        "topic": null,
        "summary": "Asian currencies up and down on dollar SINGAPORE (AFP): Asian currencies ended mixed on Wednesday against the U.S. dollar despite a rise in the Japanese yen, dealers said. The Thai baht closed Asian trading at 36.22 to the U.S. dollar, down from 36.15 on Tuesday, as players reacted to a comment by an official that its levels over the past few days -- around 35 to 36 to the dollar -- were hurting exports, a dealer with a foreign bank here said.",
        "content": "<p>Asian currencies up and down on dollar<\/p>\n<p>SINGAPORE (AFP): Asian currencies ended mixed on Wednesday<br>\nagainst the U.S. dollar despite a rise in the Japanese yen,<br>\ndealers said.<\/p>\n<p>The Thai baht closed Asian trading at 36.22 to the U.S.<br>\ndollar, down from 36.15 on Tuesday, as players reacted to a<br>\ncomment by an official that its levels over the past few days --<br>\naround 35 to 36 to the dollar -- were hurting exports, a dealer<br>\nwith a foreign bank here said.<\/p>\n<p>\"This triggered some buying of dollar-baht and dollar-rupiah<br>\nas well,\" he said.<\/p>\n<p>Sustaining the baht's present levels would depend on the<br>\nsuccess of the Thai Financial Sector Restructuring Agency's<br>\nauction of closed finance firms' assets held Tuesday, Nomura<br>\nFixed Income Research said in a daily report.<\/p>\n<p>There was skepticism that much foreign capital inflow could be<br>\nexpected following what Bangkok touted as the \"world's biggest<br>\none-day asset sale,\" some analysts said.<\/p>\n<p>A total of 12 bids were lodged in the 10-billion-dollar<br>\nauction of loans taken from 56 finance companies closed in the<br>\ndarkest hours of Thailand's economic crisis last year.<\/p>\n<p>The Indonesian rupiah briefly hit 8,000 to the dollar mid-<br>\nmorning before pulling back to end at 7,625, down from 7,550 the<br>\nday before, while the Philippine peso closed lower at 39.30 from<br>\n39.01.<\/p>\n<p>The Singapore dollar closed higher at 1.6485 against the<br>\ngreenback from 1.6523, while the Taiwan dollar rose slightly to<br>\n32.248 from 32.251 and the South Korean won to 1,208.5 from<br>\n1,211.50.<\/p>\n<p>The Japanese yen ended Asian trading higher at 115.90 to the<br>\ngreenback, up from its close here on Tuesday of 117.10 and 116.73<br>\nin New York overnight.<\/p>\n<p>The dealer said trade in the yen was sluggish as players<br>\nremained sidelined ahead of the US House of Representatives'<br>\nimpeachment vote on U.S. President Bill Clinton on Thursday.<\/p>\n<p>Asian currencies the day before traded weaker against the<br>\ndollar in line with a drop in the yen following comments from<br>\nJapan's Economic Planning Agency that the yen's rise against the<br>\ndollar was too sudden.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/asian-currencies-up-and-down-on-dollar-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}