Asian Currencies Move Slightly on Friday amid US 10-Y Yield Hitting 4%

The following table shows rates for major Asian currencies against the US dollar as of 02:24 GMT on January 5, 2024.

Currency Latest Bid Previous Day Pct Move YTD Pct Move
Japanese Yen 144.71 144.62 -0.06 % -2.59 %
Singapore Dollar 1.33 1.33 0.01 % -0.74 %
Taiwan Dollar 31.06 31.08 0.07 % -1.22 %
Korean Won 1311.99 1313.08 0.08 % -1.36 %
Thai Baht 34.50 34.51 0.03 % -0.44 %
Philippine Peso 55.54 55.62 0.13 % -0.27 %
Indonesian Rupiah 15505.00 15485.00 -0.13 % -1 %
Indian Rupee 83.26 83.24 -0.02 % -0.08 %
Malaysian Ringgit 4.64 4.63 -0.23 % -1.17 %
Chinese Renminbi 7.17 7.16 -0.11 % -0.98 %

 

U.S. 10-year Treasury yield surged above 4% on Friday.