EM ASIA FX-Won sees worst day in 6-1/2 months; baht hits 4-yr low

Reuters

(Updates prices. For midday report, double-click

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SINGAPORE, Jan 6 (Reuters) - South Korea's won saw its

largest daily loss in 6-1/2 months on Monday, leading losses

among emerging Asian currencies on worries about a slowdown in

China at a time when the U.S. Federal Reserve is expected to

keep trimming monetary stimulus.

The won fell 1 percent to end local trade at

1,065.4 per dollar on offshore funds' selling and dollar demand

linked to foreigners' recent stock sales, traders said.

The percentage slide was the largest since June 20, Thomson

Reuters data showed.

As the won weakened past a chart support area of

1,064-1,065, it may weaken to 1,074.3, the low of Nov. 13,

analysts said.

The won's weakness pushed down the Taiwan dollar to

a six-month low.

The Thai baht hit another four-year low on dollar

bids from custodian banks and offshore funds' selling amid

intensifying political tensions.

The Indonesian rupiah fell on corporate dollar

demand, although the central bank was spotted intervening to

limit its downside, traders said.

The 10-year Indonesian government bond yield

jumped 47.7 basis points to 9.027 percent, its highest since

February 2011.

CURRENCIES VS U.S. DOLLAR

Change on the day at 0800 GMT

Currency Latest bid Previous day Pct Move

Japan yen 104.37 104.86 +0.47

Sing dlr 1.2688 1.2671 -0.13

Taiwan dlr 30.202 30.039 -0.54

Korean won 1065.05 1055.20 -0.92

Baht 33.09 33.00 -0.27

Peso 44.70 44.65 -0.11

Rupiah 12235.00 12160.00 -0.61

Rupee 62.32 62.16 -0.26

Ringgit 3.2800 3.2865 +0.20

Yuan 6.0541 6.0515 -0.04

Change so far in 2014

Currency Latest bid End prev year Pct Move

Japan yen 104.37 105.28 +0.87

Sing dlr 1.2688 1.2632 -0.44

Taiwan dlr 30.202 29.950 -0.83

Korean won 1065.05 1055.40 -0.91

Baht 33.09 32.86 -0.70

Peso 44.70 44.40 -0.68

Rupiah 12235.00 12160.00 -0.61

Rupee 62.32 61.80 -0.83

Ringgit 3.2800 3.2755 -0.14

Yuan 6.0541 6.0539 -0.00

(Reporting by Jongwoo Cheon; Editing by Jacqueline Wong)

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