Emerging Asian currencies strengthened against a softer U.S. dollar on Monday, while regional stock markets were largely steady as investors awaited fresh catalysts for direction. The MSCI emerging-market currency index rose 0.2% to a record high, led by gains in the Taiwan dollar, Reuters reported.
The Taiwan dollar climbed 0.5% to its strongest level in more than six weeks, supported by improved sentiment toward the island's technology-heavy economy. Taiwan's stock market also advanced 0.8%, extending a powerful 2026 rally that has lifted its benchmark by 58.7% so far this year.
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