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EM ASIA FX-Stock inflows lift Taiwan dollar; political tensions weaken baht

* Taiwan sees Abu Dhabi sovereign fund inflows -papers

* Baht supported at 100-day MA; stocks, bond rise

(Adds text, updates prices)

By Jongwoo Cheon

SINGAPORE, Nov 5 (Reuters) - The Taiwan dollar rose on stock

inflows on Tuesday, leading other most other emerging Asian

currencies in recovering ground after the U.S. Federal Reserve

said it was in no hurry to taper its monetary stimulus, but

political tensions in Thailand hurt the baht.

The Indian rupee also eased due to catch-up selling

after a holiday on Monday.

Emerging Asian currencies found some relief on Tuesday after

key Fed officials said the U.S. central bank is in no rush to

begin cutting its bond-buying programme.

In the previous session, regional units extended slides on

expectations that the U.S. Federal Reserve may start scaling

back its stimulus this year following the release of encouraging

economic data.

"Asian currencies would also be beholden to eventual

taper-induced greenback resilience," OCBC Bank said in a client

note.

"However, we are also cognizant of the fact that if the

Asian recovery gains sufficient traction in the coming quarters,

the regional units may begin to contemplate further resistance

to broad dollar dynamics."

Growth in China's service sector edged up in October, a

private survey showed, indicating further stabilisation in the

world's second-largest economy.

Investors hesitated to build up large positions in emerging

Asian currencies, partly due to caution ahead of the European

Central Bank meeting on Thursday and U.S. October jobs data due

on Friday.

TAIWAN DOLLAR

The Taiwan dollar rose as foreign financial

institutions bought Taiwanese stocks on dips in the market

.

Foreign investors purchased a combined net T$4.75 billion

($161.5 million) in the previous two consecutive sessions.

Some of the inflows to Taiwan came from an Abu Dhabi

sovereign wealth fund, according to the island's newspapers.

The Taiwan central bank was not seen intervening to stem the

local currency, but could push it lower at the close, traders

said.

BAHT

Offshore funds solde the Thai baht due to concerns

that political tensions could boil over as the government tries

to push through an amnesty bill that could herald the return of

former premier Thaksin Shinawatra from self-exile.

The Thai currency found support at a 100-day moving average

level of 31.333 per dollar, but remained under pressure due to

the political uncertainties, traders and analysts said.

"We are bearish THB and target 31.30 by the end of the year,

but note that our bearish view certainly allows for the risk of

an overshoot of our end of year target, particularly if

political tensions intensify," Scotiabank said in a client note.

A senior Thai bank trader in Bangkok said the baht may

weaken to 31.50 if protests against the bill turn violent.

CURRENCIES VS U.S. DOLLAR

Change on the day at 0430 GMT

Currency Latest bid Previous day Pct Move

Japan yen 98.46 98.60 +0.14

Sing dlr 1.2424 1.2424 +0.00

Taiwan dlr 29.395 29.506 +0.38

Korean won 1061.50 1062.90 +0.13

Baht 31.28 31.25 -0.10

Peso 43.29 43.30 +0.03

*Rupiah 11345.00 11345.00 +0.00

*Rupee 61.82 61.74 -0.13

Ringgit 3.1715 3.1740 +0.08

Yuan 6.0964 6.0992 +0.05

Change so far in 2013

Currency Latest bid End prev year Pct Move

Japan yen 98.46 86.79 -11.85

Sing dlr 1.2424 1.2219 -1.65

Taiwan dlr 29.395 29.136 -0.88

Korean won 1061.50 1070.60 +0.86

Baht 31.28 30.61 -2.14

Peso 43.29 41.05 -5.16

Rupiah 11345.00 9630.00 -15.12

Rupee 61.82 54.99 -11.05

Ringgit 3.1715 3.0580 -3.58

Yuan 6.0964 6.2303 +2.20

* Financial markets in Indonesia and Malaysia are closed for

holidays.

($1 = 29.418 Taiwan dollars)

(Additional reporting by Jeanny Kao in TAIPEI; Editing by Simon

Cameron-Moore)