Rupiah hit
The new four-year low, the Indian rupee fell on Monday,
Indicate their external position continued worries and
Defying support emerging Asian currencies declined sharply
U.S. new home sales.
Rupiah lost 0.6 percent to 10,835
Per dollar, its weakest since April 2009, in the interbank
Market. Traders said some trades were executed more than 11,000,
Local businesses demand for dollars.
Indonesian government and the central bank announced policy
Package propped up weak currency on Friday,
Authorities in an effort to restore confidence in Southeast Asia
Largest economy. But the market doubts measures
Stable currency.
"We maintain our bearish IDR because the relative
Authorities to address ineffective policy package
External imbalances and high inflation pressures, "Nomura
In a note to clients said.
Nomura said that the measures taken by the government to attract more long-term
Capital inflows will take some time and steps to improve exports
May be short-lived. Central is currently no clear indication
Bank more monetary tightening signal, it added.
Forward market that further declines in rupiah
Month non-deliverable forwards (NDFs)
Reduced to 11,440.
Month offshore / onshore forward widened to 540
Basis points since late September 2011 the largest, when
Indonesia experienced capital outflows.
"Policy will provide a good improvement in the next six months
Months. But in the short term, I do not change, said: "The
Jakarta-based trader, adding, spot rupiah may weaken
11,500 by the end of September.
With the rupee, rupiah, is considered the most
Subject to the quantitative easing policy is expected to reduce
India and Indonesia, as the Fed widened
Current account deficit, the economic slowdown and the strong
Resistant to implement much-needed reforms.
In early trading, tracking weakness in the rupee fell NDF
Markets and importers are expected to end U.S. dollar
Needs.
Even disappointing U.S. currency fell on Monday
July new home sales expected the Fed will sag
As early as next month cut its bond-buying program.
Weak U.S. housing data to support South Korean won
NT.
WON
Exporters need to get the end won
Settlements, while foreign investors extended buying spree
Seoul's main exchange.
Nevertheless, domestic importers buy dollars payments
Especially around U.S. $ 1,110 per share, limiting won upside,
Trader said.
South Korea's currency has ended local trade weaker
Since since mid-May level. Investors are also cautious
Foreign authorities to intervene to prevent the won
Strength.
"Won will take some time to rise further from here.
If the authorities could slow won appreciation
Violation of 1,110, said: "In Seoul, a senior foreign bank trader.
NT
NT rise in line with the won's strength.
But the domestic currency exporters did not chase the island,
The bid of about $ 29.990.
Investors are also wary of potential interventions
Central bank.
Between NT $ 29.900 and is expected to remain
30.000 before the Fed's September policy meeting, dealers said.
Ringgit
Ringgit edged higher as investors covered short
Positions three and five-year government bond yields
Down.
Nevertheless, the Malaysian currency is weak to stay
Reduction in the Fed's quantitative continued caution
Ease, dealers said.
Reflect concerns ringgit abandon most of its
Initial return.
"If we stay in the 3.28 or more, then we can test 3.30 and 3.32
Again, "said the bank in Kuala Lumpur, Malaysia, senior trader,
Refers to the ringgit against the U.S. dollar value.
 



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