The soaring US dollar continued to pile the pressure on Japan’s yen on Friday with Tokyo poised to intervene if they see “excessive volatility”

Traders were on the lookout for signs of imminent Japanese intervention to prop up the struggling currency

Japan says it is watching the yen’s slide “with a high sense of urgency” and is poised to “take appropriate steps on excess moves”

The rupee was trading around 82.40 to the dollar on Tuesday, having hit a low of 82.6825 on Monday, currency traders said

Japan's foreign reserves fell by a record $54 billion last month after its rare intervention in the currency market two weeks ago

The S&P Global India services PMI data fell from 57.2 in August to 54.3 in September, but still well over the 50-mark separating growth from contraction for the 14th straight month

Exports are predicted to rise by 8% this year as the baht hovers near 16-year lows against the dollar, but it still has some supply chains problems, the finance minister said on Wednesday

Currency conundrum comes at a critical time for China, as its economy struggles with lower forecasted growth than its Asia neighbours for the first time since 1990

The Japanese yen fell below the 145 mark per dollar on Monday, while sterling jumped after Britain's finance minister said the government would retain the top rate of income tax.

The ruling is a boost for Prayut, but it also signals an end to his time at the top, as he would only be able to serve two years as PM should he win an election that must be held by May next year.

South Korea's exports grew at the slowest pace in nearly two years in September. Weaker global demand has put pressure on the trade-dependent economy.

Asian markets had a mixed day on Friday with most markets down, bar India. Overall, equity investors experienced their worst month since the onset of the Covid-19 pandemic