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Asian markets trade lower on risk aversion, strong dollar

ASIAN equity markets fell on Monday, and the Malaysian ringgit and Indonesian rupiah led currency declines against the safe-haven greenback as investors exercised caution amid the potential escalation of the Israel-Hamas conflict.

Rupiah May Weaken over Market Concerns of Palestine-Israel War

Money market analyst Ariston Tjendra said the rupiah has the potential to weaken against USD as an effect of the war between Palestine and Israel.

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