Asia Open - Overnight Highlights

EMERGING ASIA

EM currencies perform individually against the USD with the holiday mood lingers throughout the Christmas/New Year week. The biggest winners are THB by 0.47%, PHP 0.22%, HKD 0.06%, CNH & SGD by 0.04% and CNY 0.02% ; the largest loser are INR 0.32%, IDR 0.25%, TWD 0.09%, MYR 0.04% and KRW 0.02%.

USD/CNH is trading lower at 7.3001 from 7.3030 previously closed. Onshore spot market is trading lower at 7.2960 from 7.2979 previously closed. 12 month NDF followed both the on/offshore market and is trading lower at 7.1315 compared to 7.1324 previously closed.

USD/IDR spot market reopened at 16235 from 16190 previously closed. 1 month NDF is trading higher at 16230 from 16222 previously closed.

USD/INR onshore spot market is trading higher at 85.54 from 85.26 previously closed. 1 month NDF is trading higher at 85.69 from 85.56 previously closed.