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Asian units make small moves as dollar recovers; baht firms again


By Aaron Saldanha(Reuters) - Asian currencies moved gingerly on Thursday as the U.S. dollar recovered on positive labour market data, while regional equities were higher on hopes that some countries will get exemptions from coming U.S. trade tariffs.The dollar index against a basket of six major currencies was effectively flat at 89.592 after pulling away from a two-week trough of 89.407 the previous day. The MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.9 percent, led by solid gains in Hong Kong. Hopes for a steady reduction in tensions over North Korea has helped the ...

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First Published: Thu, March 08 2018. 12:57 IST