Most emerging Asian currencies eased on Monday amid caution ahead of the U.S. Federal Reserve's policy meeting, while weak commodity prices sent the Malaysian ringgit and the Indonesian rupiah to 17-year lows.
Thailand's baht bucked the regional trend as traders cut their bearish bets with the currency holding from falling past a support level. Singapore's dollar also gained on demand against the neighbouring ringgit.
The U.S. dollar eased against a basket of six major currencies after a drop in American stock and bond yields.
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Thailand's baht bucked the regional trend as traders cut their bearish bets with the currency holding from falling past a support level. Singapore's dollar also gained on demand against the neighbouring ringgit.
The U.S. dollar eased against a basket of six major currencies after a drop in American stock and bond yields.
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