Indonesia

EM Currencies Under Pressure – IDR Could Be The Next To Crack

Macroeconomics
170 Views, 12 May 2022 18:43
EXECUTIVE SUMMARY
  • There are more signs of stresses across EM economies. The Turkish Lira has crept past the TRY15-mark against the USD, spurring another bout of unconventional intervention by the authorities.
  • Sri Lanka has been rocked by protests and demonstrations, with the makings of macroeconomic mismanagement by the Rajapaksa family. PM Mahinda Rajapaksa's resignation failed to soothe the anger of protestors.
  • Indonesia has benefitted from the upturn in commodity prices while inflation remains (relatively) manageable. But, the Rupiah could be poised for a meaningful correction.
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Nicholas Chia
Economist
Centennial Asia Advisors
Multi-AssetMacroeconomicsThematic (Sector/Industry)

Centennial Asia Advisors deliver timely and accurate economic and political analysis to investors, focused on anticipati... 

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