September 16th (Reuters) - Asian currencies fell on concern the region after the central bank to intervene in the foreign exchange market in order to be able to stop the rise in Japanese exports difficult.
South Korean won fell 0.3 percentage points to 1 U.S. dollar 1164.60 at 03:00 in Seoul late, according to Bloomberg data. Philippine peso also weakened by 0.3 percentage points to 44.37, according to Tullett Prebon Provisional Legislative Council. India's rupee rose 0.4 percent, the highest since Sept. 1 to 46.1650 that the central bank rose 0.5 percent to 5 percent of the benchmark repo rate. Yuan rose 0.2 percent to 6.7306 and 6.7250, its highest level since the 1993rd
According to Japanese buy dollars yesterday, "feared that intervention in other parts of Asia, increasingly," Minori Uchida, Tokyo-Mitsubishi UFJ Bank, said in Tokyo, a senior analyst. "RMB has strengthened this part of the currency appreciation pressure. These two factors make it difficult to clear up or down to see in regional currencies. "
Japan could be more 2000000000000 yen (23.3 billion) yesterday, sold the largest one-day intervention, the Nikkei English News reported, without any reason. Bank of Thailand is closely baht, Governor Tarisa Watanagase currencies rose yesterday to a maximum of 13 years. The President of the Philippine Central Bank Amando Tetangco said this week "rate of the peso appreciation has increased," the authorities "to the vigilance of perception."
Market Surveillance
Korean won fell to its lowest level this week, said the trade in gold itself Oh, chief foreign exchange within the Ministry of Finance yesterday that South Korea "near" the financial markets. Japanese Prime Minister Naoto Kan, said that "soon in the exchange rate" changes are not tolerated.
"We have the Bank of Japan is estimated to intervene in the yen against the U.S. dollar, up to 88" reach, "said Yun Semin foreign bank in Seoul, Busan, traders. "This will lead to a central bank to intervene and take action in Korea, other places like Taiwan."
In addition, the Taiwan dollar rose and then fell to nearly NT $ 31.80 Variable Yuan Xiao United States. Singapore dollar against the U.S. dollar, constant dollars S1.3381 $ 1.3378 yesterday, the Indonesian rupiah has fallen from 0.1 to 8988%. The Malaysian financial markets are closed today, a holiday.
- To assist in Seoul and 克拉丽莎巴 Tarantino in Manila by Francis Yoon. Editor: Venerable Yang, James Regan
%%% U.S. dollars Dong, won ,%%%% PHP% Singapore dollar Thai baht rupiah%%%% RMB HK $ U.S.
To contact this story: Yumi Teso in Bangkok yteso1@bloomberg.net
Please contact the editor responsible for this story shendry@bloomberg.net: Blood Diheng benefit.
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