Asian stocks were mixed on Wednesday, although currencies extended losses, led by the Indonesian rupiah and Malaysian ringgit, as the U.S. dollar continued to strengthen on bets Donald Trump would win the U.S. presidential elections.
The ringgit, the best-performing currency in the region, shed as much as 0.4%, hitting a more-than-one-month low. Stocks in emerging Asian markets were mixed, as investors weighed the risks of the U.S. election results. Singapore stocks were up 0.5%. Data on Wednesday showed Singapore's key consumer price gauge rose more than economists' forecasts.
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