Indonesian Rupiah Finds Support As Rates Held [USD/IDR]

Indonesian Rupiah Finds Support As Rates Held [USD/IDR]
Indonesian central bank's decision to hold the rates in October supported the Indonesian currency from falling further versus the US dollar. Early Tuesday ahead of the announcement, the rupiah fell to 1 � month low of 0.9188 versus its US counterpart, but rebounded to 0.9148 by about 1:35 am ET.

South Korean Market Surges []
Tuesday, Seoul shares opened higher on institutional buying. At 11:14 a.m. local time, the benchmark Korea Composite Stock Price Index or KOSPI was adding 15.60 points or 0.77% to 2,031.36.

Japanese Market Recovers; Banks Gain []
Tuesday, Tokyo shares were trading higher after opening on a weak note tracking the weakness in U.S. stocks on Monday. At 11:00 a.m. local time, the bencmark Nikkei 225 index was adding 85.01 points to 16,353.93 and the broader Topix index of all First Section issues was up 7.96 points at 1,583.09.

Dollar Mixed In Trading Against Majors []
The US dollar showed a mixed trading against its major counterparts on Tuesday morning in Asia. While the dollar gained against the Yen, it dropped versus its British and the Swiss counterparts. Against the euro, the dollar largely showed choppy trading.

Yen Gains Against Majors Ahead Of Japanese Leading Economic Index Data []
Ahead of the release of the Japanese leading economic and coincident index data for the month of September, the yen strengthened against its majors. As of 11:55 pm ET, the Japanese yen was quoted at 238.72 against the pound, 114.66 against the US dollar, 166.05 against the euro, 99.47 against the franc.