KUALA LUMPUR: In Southeast Asia, the Philippine peso and Malaysia’s ringgit appreciated slightly on Monday, while Indonesia’s rupiah firmed to 16,767 a dollar, continuing its recovery after slumping to an all-time low last week.
China’s yuan weakened 0.2% against the greenback, while the Shanghai Composite Index rose 0.9%.
Indonesia’s stocks advanced as much as 1.9% to a near three-week high, while benchmark gauges in Malaysia, the Philippines, and Vietnam gained up to 2% each. Markets in Thailand, and India were closed for a holiday.
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