Rupiah and peso gain as most tracked Asian currencies weaken
The Philippine peso rose 1 per cent and Indonesia’s rupiah gained 0.22 per cent, while the US dollar index advanced 0.4 per cent over the week.
Indonesia’s rupiah and the Philippine peso posted weekly gains against the US dollar, bucking declines in five of the nine Asian currencies tracked by Refinitiv. The rupiah strengthened 0.22 per cent to Rp18,080 per US dollar, while the peso climbed 1 per cent to ₱63.009 per US dollar.
Elsewhere in Southeast Asia, Thailand’s baht advanced 0.56 per cent. Singapore’s dollar lost 0.43 per cent and Malaysia’s ringgit slipped 0.05 per cent. South Korea’s won led the gainers with a 2.24 per cent rise, while Taiwan’s dollar recorded the steepest decline at 0.61 per cent. Japan’s yen fell 0.6 per cent and China’s yuan dropped 0.33 per cent.
The US dollar index finished the week 0.4 per cent higher at 102.291. Its 0.73 per cent jump on 6 November 2026 was its largest daily percentage increase in almost five months, following stronger-than-expected US employment figures that reinforced expectations of a Federal Reserve interest-rate increase.
The US Labor Department reported 165,000 additional non-farm jobs for the previous month, exceeding the 65,000 forecast by economists polled by Reuters. September’s figure was revised up to 60,000, while unemployment fell to 4.1 per cent.
