Economic Research | 1 June 2018 | |||
Indonesia | | |||
Economic Update | | |||
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 | ||||
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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 | +65 6232 3896 | ||
Peck Boon Soon | Chief ASEAN Economist | +603 9280 2163 | ||
Vincent Loo Yeong Hong | Malaysia, Singapore | +603 9280 2172 | ||
Ahmad Nazmi Idrus | Indonesia | +603 9280 2179 | ||
Aris Nazman Maslan | Thailand, Philippines , Vietnam | +603 9280 2184 | ||
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