Friday, June 1, 2018

FW: RHB | Indonesia | A Déjà Vu Moment?

 

 

 

 

 

Economic Research

1 June 2018

Indonesia

 

Economic Update

 

 

 

A Déjà Vu Moment?

 

The IDR’s continued decline and persistent weakness in the Indonesian stock market may have revived memories of the 2013 taper tantrum. Some investors may view this as a déjà vu episode, with volatility in emerging markets – particularly Indonesia – surging, and leading to a pull-out of foreign investors. 

 

However, we think the situation today is quite different, and Indonesia has substantially improved in certain areas where it was previously vulnerable. We also believe the build-up of capacity by BI and the Government is sufficient for the economy to weather the storm.

 

 

 

Economist:

Ahmad Nazmi Idrus  | +603 9280 2179

 

 

To access our recent reports please click on the links below:

30 May: BI Means Business – another rate rise

18 May: BI Raises Rates On Weakening IDR

16 May: April Trade Balance At a 4-Year Low

07 May: 1Q18 GDP: Net Exports Drag But Investment Performs

02 May: April Inflation Flat; Likely Lower Ahead

02 May: March M2 Continues to Moderate, Loan Growth Picks Up

 

Economics Team

Arup Raha

Group Chief Economist

arup.raha@rhbgroup.com

+65 6232 3896

Peck Boon Soon

Chief ASEAN Economist

bspeck@rhbgroup.com

+603 9280 2163

Vincent Loo Yeong Hong

Malaysia, Singapore

vincent.loo@rhgroup.com

+603 9280 2172

Ahmad Nazmi Idrus

Indonesia

ahmad.nazmi.idrus@rhbgroup.com

+603 9280 2179

Aris Nazman Maslan

Thailand, Philippines , Vietnam

mohd.aris.nazman@rhbgroup.com

+603 9280 2184

 

 

 

 

 

 

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