*

Ringgit steady after Q3 GDP meets estimates

*

Stocks mixed: Indonesian equities down for fourth day

*

Rupiah hovers near three-month low

By Sneha Kumar

Nov 15 (Reuters) - Asian currencies found some support

on Friday after a volatile past few sessions, with the Singapore

dollar and Thai baht creeping higher, while Malaysia's ringgit

held its ground despite a slowdown in growth in the third

quarter.

Stocks in the region were a mixed bag with shares in

Indonesia losing 1.3% to fall to their lowest since

early August, while those in the Philippines advanced

1.6% breaking a seven-day losing streak.

Emerging market assets have been under pressure since early

last week on the view that U.S. President-elect Donald Trump's

proposed tariffs could further stoke inflation which could mean

fewer Federal Reserve rate cuts.

"Optimism that was initially sparked by Fed easing bets

around the middle of the year have largely evaporated," DBS

analysts said.

"Against this challenging backdrop, scope for Asia central

bank easing has become more restrained while investor sentiment

on local currency bonds/rates have also become more muted."

Malaysian ringgit and Thai baht have lost 3%

and 3.8%, respectively, since Nov. 5 as their open,

trade-reliant economies, particularly with China, make them

vulnerable to any tariff-related headwinds.

On the day, the ringgit was steady while stocks in Kuala

Lumpur inched lower after third-quarter economic growth

came in line with expectations but slowed from an 18-month high

in the previous quarter.

The central bank maintained its growth outlook for this year

between 4.8% and 5.3%, and noted the U.S. elections results

could usher in near-term volatility but that it was too early to

speak on the impact.

The South Korean won, highly sensitive to the

yuan and trade relations with the United States, has also lost

more than 1% since the outcome of the U.S. elections became

clear. It was up 0.1% on the day.

The Thai baht added 0.4% on Friday while shares in

Bangkok inched lower after a Reuters poll showed

Southeast Asia's second-largest economy would log its fastest

growth in more than a year in the September quarter.

The rupiah hovered near its three-month low for a

second consecutive day, slipping as much as 0.6% to 15,945 per

dollar. The benchmark index in Jakarta declined for the

fourth straight session, weighed by mining and energy stocks.

Overnight, U.S. Federal Reserve Chair Jerome Powell said the

central bank was not in a hurry to cut interest rates,

indicating borrowing costs may remain higher for longer.

The dollar hovered near its one-year high against a

basket of currencies, eyeing a weekly gain of 1.8% - its best

performance since September, if the trend holds.

"In the longer run expect the USD to fade although near-term

risks are to the upside," Maybank analysts said.

In Sri Lanka, President Anura Kumara Dissanayake's

coalition, the National People's Power (NPP), won a majority in

a snap general election. Markets in Sri Lanka were closed on

Friday.

HIGHLIGHTS:

** Indonesia's 10-year benchmark yield slips to

6.905%

** Indonesia Oct trade surplus less than expected

** Malaysia liberalising some foreign exchange policy to

support investments, cbank says

** Malaysia dropped off U.S. Treasury's currency

manipulation "monitoring list"

Asia stock

indexes and

currencies

as of 0500

GMT

COUNTRY FX FX FX INDEX STOCKS STOCKS

RIC DAILY % YTD % DAILY % YTD %

Japan -0.06 -9.77 0.79 16.10

China -0.08 -1.88 -0.35 13.21

India +0.00 -1.41 -0.11 8.29

Indonesia -0.22 -3.08 -1.08 -1.87

Malaysia +0.04 +2.55 -0.29 9.72

Philippines -0.02 -5.88 1.61 3.30

S.Korea +0.16 -8.01 0.40 -8.54

Singapore +0.15 -1.84 0.16 15.55

Taiwan -0.02 -5.58 0.39 27.18

Thailand +0.16 -2.20 -0.17 2.25