EMERGING MARKETS-Asian currencies subdued ahead of Fed, rupiah stumbles

Most emerging Asian currencies traded narrowly on Tuesday, with the Indonesian rupiah hitting a one-week low as investors wait to see if the Federal Reserve will slow the pace of rate hikes as inflation and the economy show signs of losing momentum.

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EMERGING MARKETS-Asian currencies subdued ahead of Fed, rupiah stumbles

Most emerging Asian currencies traded narrowly on Tuesday, with the Indonesian rupiah hitting a one-week low as investors wait to see if the Federal Reserve will slow the pace of rate hikes as inflation and the economy show signs of losing momentum.

admin