Yen, Rupee, Indonesian Rupiah, Thai Baht: Asia Currency Preview

By Bob Chen

Aug. 14 (Bloomberg) -- The following events and economic reports may influence trading in Asian currencies today.

Exchange rates are from the previous session.

Japanese yen: The Finance Ministry will release weekly portfolio flows data at 8:50 a.m. in Tokyo.

The yen was at 108.61 a dollar at 9 a.m. in New York.

Indian rupee: Wholesale prices jumped 12.2 percent in the week ended Aug. 2 from a year earlier, the biggest gain since January 1995, economists said in a Bloomberg News survey before the government reports the data at 6 p.m. today.

The rupee was at 42.65.

Chinese yuan: Industrial output expanded 15.9 percent in July from a year earlier, versus a 16 percent gain the previous month, economists said in a Bloomberg News survey before the government reports the data at 10 a.m. today.

The yuan was at 6.8570.

Indonesian rupiah: Gross domestic product rose 6.13 percent in the second quarter from a year earlier, economists said in a Bloomberg News survey before the government reports the data today. GDP expanded 6.28 percent in the first quarter.

The rupiah was at 9,180.

Thai baht: The University of the Thai Chamber of Commerce will report July consumer confidence at 11 a.m. today. The gauge fell to 70.8 in June, the lowest level this year.

The baht was at 33.68.

To contact the reporter on this story: Bob Chen in Hong Kong at bchen45@bloomberg.net.