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
South Korean President met with economic officials on Friday, when the won traded 0.6% higher, amid talk of modest intervention in the forex market. The won hit a 13-year low recently.
This was the fourth straight increase, as policymakers extended their battle to tame stubbornly high inflation and analysts said further tightening is on the cards.
Finance Minister Shunichi Suzuki made the pledge after his government last week intervened in the forex market to help the yen for the first time in 24 years
Management measures are enough to ensure market stability if there were large capital outflows, central bank governor Yang Chin-long said
It was all about currencies again on Thursday as the soaring US dollar continues to hammer the yen, yuan and pound
Central bank has rallied state banks to defend the currency, urging them to be prepared to sell dollars in offshore markets to stem the yuan's descent
PBOC warns against gambling after onshore yuan finishes at 7.2458 per dollar, weakest close since January 2008, while the offshore yuan slumped 1.15% on the day to trade at 7.2635.