EMERGING MARKETS-Indonesian rupiah trips on virus woes; Asia FX eyes FOMC [Reuters]
SOCIETE GENL FRNCE S/ADR (SCGLY)
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Source: Reuters
* Graphic: World FX rates tmsnrt.rs/2RBWI5E * Asian stock markets: tmsnrt.rs/2zpUAr4 By Shashwat Awasthi June 14 (Reuters) - Indonesia's rupiah was set for its biggest daily drop in more than three weeks on Monday, as a sustained spike in coronavirus infections threatened to tarnish the country's economic growth projections. Trading in most other emerging Asian markets was thinned by holidays in China and Taiwan, and as investors awaited monetary policy meetings, including the U.S. Federal Reserve's, this week. The rupiah weakened 0.3% and was on track for its biggest one-day fall since May 20. Stocks in Jakarta inched up amid expectations that Bank Indonesia will keep interest rates at record lows on Thursday. Indonesia has reported its highest number of daily COVID-19 cases since February over the last few days, prompting the country's finance minister to warn of a hit to second-quarter gross domestic product growth forecast. "While the worst a
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