Good MornING Asia - 16 January 2018

Weaker dollar is good for Asia as it helps Asian domestic economies, by allowing local central banks to keep local policy accommodative

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Opinion

Weaker dollar - good news for Asia

So long as this remains orderly, we believe that a weaker USD helps Asian domestic economies, by allowing local central banks to keep local policy…

Indonesia

Indonesia: Current Account stress from weak December exports

Any downside growth surprise from exports in December would lead to a less favorable current account deficit expectation

Philippines

Philippines: November Remittances Disappoint

The Philippine peso's (PHP) bias for weakness is due to challenging external payments as November overseas worker remittances slow to 2% YoY

India

India – A mixed inflation bag

With the risk of worsening public finances overshadowing green shoots of economic recovery, the Indian rupee will remain under weakening pressure in 2018