Most Asian currencies were trading lower as geopolitical tensions between US and North Korea continued to weigh on investor sentiment. Markets turned risk averse after North Korea Wednesday made an explicit threat to strike a US military base in Guam. South Korea Won remained weak, down 0.5% against the US dollar. Philippine peso was steady ahead of monetary policy decision later in the day. The Yuan was trading higher as the People's Bank of China set the Yuan central parity rate sharply higher against the US dollar at 6.6770 compared with Wednesday's 6.7075.
Source: Newswire
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