CORRECTED-EMERGING MARKETS-Malaysia’s ringgit, Singapore dollar gains as travel curbs ease

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 (Removes S. Korean won and Taiwan dollar levels from the table
as the markets are closed for holidays)
    * Malaysia lifts interstate, international travel curbs
    * Singapore dollar hits two-week high
    * Thai stocks scale over four-week high

    By Sameer Manekar
    Oct 11 (Businesshala) - Malaysia's ringgit scaled a near
one-month peak on Monday and equities advanced more than half a
percent after the government lifted interstate and international
travel restrictions, while most other Asian currencies edged
higher.
    Singapore dollar firmed 0.2% to hit its highest in
two weeks, while equities touched a near two-month peak
after the government opened its borders to more countries for
quarantine-free travel.
    Meanwhile, investors will be eyeing Singapore's advanced
third-quarter economic growth data expected later in the week,
with analysts at OCBC Bank expecting a moderation from
second-quarter's 14.7% year-on-year growth.
    The Monetary Authority of Singapore is likely to keep its
monetary policy settings unchanged at this juncture, but may
signal a need for recalibration in 2022, the OCBC analysts said
in a note.
    Meanwhile, a soft U.S. payrolls figure last week did little
to alter market expectations of tapering of bond purchases by
the U.S. Federal Reserve, pressuring risk-sensitive Asian
markets as the U.S. dollar firmed and Treasury yields jumped. 
    The dollar index, which tracks the greenback against
six major currencies, edged higher to 94.139, while the 10-year
benchmark yields hit multi-month highs on
expectations of the Fed's tapering plans.
    Investors now await U.S. September inflation data on
Wednesday, which, according to analysts at Mizuho bank, "will be
a key trigger for bond markets to adjust positions just ahead of
Federal Open Market Committee's minutes."
    In Malaysia, the ringgit added 0.2% to scale 4.167
per U.S. dollar, its highest since Sept. 17, while equities
 advanced as much as 0.7% and were on course to gain for
a fifth consecutive session.
    Malaysia lifted interstate and international travel
restrictions for residents fully vaccinated against COVID-19
starting Monday, as the country achieved its target of
inoculating 90% of its adult population.
    The Thai baht firmed by about 0.3% while stocks
 were up 0.4% to scale their highest in more than four
weeks. The Indonesian rupiah also edged higher.
    Among the regional equity markets, Philippine stocks
surged 2.7% for their biggest intraday jump since mid-August,
rallying after two consecutive sessions of declines, while the
peso slipped 0.3%.
    Markets in South Korea, and Taiwan
 were closed for a holiday.
    
    
    HIGHLIGHTS:    
    ** Indonesian 10-year benchmark yields edges higher to
6.359%
    ** China orders miners in Inner Mongolia to ramp up coal
production - nL1N2R40KN
    ** India says it has ample coal stocks for power sector -
nL4N2R6076
    ** Global tax deal seeks to end havens, criticized for 'no
teeth' - nL1N2R41MK
    
    
  Asia stock indexes and                            
 currencies at 0339 GMT                        
 COUNTRY  FX RIC        FX    FX  INDE  STOCK  STOCK
                     DAILY   YTD     X      S  S YTD
                         %     %        DAILY      %
                                            %  
 Japan               -0.42  -8.3  <.N2  1.57   3.81
                               9  25>          
 China                       1  EC>          
 India               +0.00  -2.5  <.NS   0.00  27.99
                               6  EI>          
 Indones             +0.07  -1.2  <.JK  -0.16   8.23
 ia                            0  SE>          
 Malaysi             +0.24  -3.5  <.KL   0.60  -3.32
 a                             0  SE>          
 Philipp             -0.24  -5.2  <.PS   2.86  -0.50
 ines                          3  I>           
 Singapo             +0.10  -2.4  <.ST   0.06   9.53
 re                            3  I>           
 Thailan             +0.18  -11.  <.SE  -0.04  13.07
 d                            33  TI>          
 

 (Reporting by Sameer Manekar in Bengaluru; Editing by Simon
Cameron-Moore)
  
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