Equities in the region mixed, as Thai baht hits lowest since Nov 30, 2022
The Thai baht weakened to a seven-month low on Wednesday as political uncertainty dampened investor appetite, while most other emerging Asian currencies also depreciated against a firmer dollar after resilient US data eased recession concerns.
Equities in the region were largely in the red, with shares in Seoul taking the biggest hit, declining 0.8%, while those in the Philippines and China lost 0.3% and 0.5%, respectively.
The baht depreciated 0.6% to hit its lowest level since Nov 30, 2022, as doubts linger over whether the leading…
