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EMERGING MARKETS-Thai baht, Indonesian rupiah lead declines among Asian currencies

* Thai baht depreciates up to 0.6% * Thai shares reverse course; last up 0.4% * Indonesian rupiah hovers near 9-month low * Markets in China, India closed By John Biju Oct 2 (Reuters) - Thailand's baht and Indonesian rupiah led falls among Asian emerging market currencies on Monday, as the dollar held firm on prospects of U.S. interest rates staying higher-for-longer, and surging crude prices counted against oil importing economies. The baht depreciated by up to 0.6% to 36.785 per dollar, on track for its worst day since Aug. 3, as it remained under pressure due to surging oil prices, concerns over a widening fiscal deficit due to higher spending by the new Thai government, and weak economic data.