The yen was among the worst hit as traders also phased out bets on a December rate hike by the Bank of Japan

Most Asian currencies weakened on Tuesday, with the yen hitting a nine-month low as the dollar strengthened on progress towards ending the U.S. government shutdown.

The yen was among the worst hit by this trend, as traders also phased out bets on a December rate hike by the Bank of Japan (BOJ). The yen’s USD/JPY pair gained 0.2% to 154.49 yen, its highest level since early-February.

The yuan’s USD/CNY pair added 0.1%, remaining under pressure from persistent concerns over a cooling Chinese economy. Mildly positive inflation data for October did little to support the yuan.

The Australian dollar’s AUD/USD pair, usually seen as a gauge of Asia-Pacific risk appetite, dropped 0.1%, even as a private survey showed a drastic improvement in Australian consumer sentiment.

The won’s USD/KRW pair lagged its peers, advancing 0.6%, while the Singapore dollar’s USD/SGD gained 0.1%.

The Taiwan dollar’s USD/TWD was flat, while the Indian rupee’s USD/INR pair rose marginally.

Easing bets on a U.S. interest rate cut in December also saw traders favour the dollar over other currencies, as did continued uncertainty over the U.S. economy amid a lack of official data.

The dollar index and dollar index futures both rose around 0.1% in Asian trade, after the U.S. Senate late on Tuesday passed a bill to unlock government funding and end a long-running shutdown.

Markets were seen steadily pricing out expectations for a U.S. interest rate cut in December, amid growing uncertainty over the economy, which the country’s central bank is likely to share. The bank had also downplayed expectations for a December cut during its October meeting.