Most Asian currencies set to end in red

Published by
The Bangkok Post

Most Asian currencies were on course to end the second year of the Covid-19 pandemic on a negative note, with the Thai baht eyeing its worst year in two decades as the tourism-reliant economy remained under pressure from travel curbs. Most equities gain in 2021; Malaysian shares declineThai baht set for worst year since 2000South Korean won declines about 9%, worst year since 2008Indian rupee on track for fourth year of lossesThe baht was the region’s worst-performing currency this year, losing 11.4%. The Taiwan dollar and China’s yuan, the only two currencies in positive territory, were chasi…

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