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Most Asian currencies inch down as dollar gains on funding bill


By Christina Martin(Reuters) - Most emerging Asian currencies traded flat to marginally easier on Friday as the dollar gained on the passage of a bill to temporarily extend U.S. government funding, raising investors' optimism that a tax reform bill would also pass. The U.S. Congress passed legislation funding the government through Dec. 22, averting a shutdown of agencies that would have been triggered at midnight Friday. Congress and President Trump will now have to come up with a deal to keep the government operating beyond Dec. 22.The dollar index, which gauges the greenback against a ...

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First Published: Fri, December 08 2017. 11:01 IST