Malaysia is scheduled to release February numbers for imports, exports and trade balance on Friday, setting the pace for a modestly busy day for Asian economic news.

Imports are expected to decline 28 percent on year following the 32 percent annual fall in January. Exports are forecast to fall 25 percent on year after the 27.8 decline in the previous month. The trade balance is expected to reflect a surplus of 8.5 billion ringgit.

Taiwan will announce foreign reserves data for March, with analysts expecting a surplus of $293.72 billion. That follows the $294.19 billion surplus in February.

Indonesia is set to announce its decision on interest rates. The central bank is widely tipped to leave the rate on hold at 7.75 percent.

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