*

Ringgit down as much as 0.9%

*

Rupiah down 0.7%

*

U.S. dollar at one-year high

By Sneha Kumar

Nov 14 (Reuters) - Most currencies in Asian emerging

markets extended losses on Thursday, with the Malaysian ringgit

slumping to a three-month low, pressured by the greenback

surging to a one-year high on momentum triggered by Donald

Trump's election victory.

Ringgit, Thai baht, and the Indonesian

rupiah were all trading at their weakest levels in at

least three months, with ringgit clocking its fourth consecutive

session of losses.

Equities were deep in the red as well. MSCI's gauge of

emerging markets currencies was at a three-month

low and the emerging markets stocks gauge slipped to

its lowest in two months.

The Philippine stock index fell 1.5%, slipping for

the seventh straight session, while shares in Jakarta

shed more than 1%. Benchmark indexes in Malaysia and

Thailand also edged lower.

Assets in Asia have suffered significantly in the aftermath

of Trump's win in the U.S. presidential election last week as

his policies are seen fanning inflation which could mean a

shallower U.S. rate cut cycle.

"Higher​-​for​-​longer U.S. rates and USD strength seem hard

to fight, though uncertainty about the sequencing of Trump's

policies suggests the path won't be linear," Barclays analysts

said in a note.

The risks of possible tariff hikes for Chinese and Asian

exports to the United States have emerged as another major

concern for the currencies markets.

Outflows have picked up pace in Malaysia and Thailand as

their trade-dependent economies are vulnerable to tariff risks.

Their currencies have lost around 4% since the U.S. election

outcome.

"Indonesia and India are more domestic demand driven, and

are thus perceived by investors to be relatively more resilient

to tariff threats compared to Asian peers," DBS analysts said.

An Indonesian central bank official said they will monitor

and take measures to stabilise rupiah including through

intervention, clarifying that the currency was still performing

better than its regional peers.

"In the near term, markets are likely to be edgy as they

continue to await further Trump policy announcements and cabinet

announcements," Maybank analysts said, adding they see support

for rupiah at 15,882 per dollar.

HIGHLIGHTS:

** Indonesia's 10-year benchmark yield edged

higher to 6.932%

** Bursa Malaysia aims to launch used cooking oil futures in

Dec

** Vietnam raises $244 mln from govt bond auction

Asian stock

indexes and

currencies

as of 0436

GMT

COUNTRY FX FX FX INDEX STOCKS STOCKS

RIC DAILY % YTD % DAILY % YTD %

Japan -0.38 -9.61 0.22 15.93

China -0.11 -1.97 -0.32 15.24

India -0.03 -1.42 0.06 8.47

Indonesia -0.69 -3.05 -0.52 -0.02

Malaysia -0.89 +2.32 -0.26 10.50

Philippines -0.16 -5.81 -1.52 2.52

S.Korea -0.64 -8.43 0.41 -8.60

Singapore -0.18 -1.94 0.03 14.85

Taiwan -0.39 -5.65 -0.62 26.70

Thailand -0.41 -2.41 -0.33 2.17

(Reporting by Sneha Kumar in Bengaluru; Editing by Mrigank

Dhaniwala)