Asian FX Talking: Gauging the fallout
While Asian markets have seen some contagion from the troubles in Turkey and Argentina, the selling has not been indiscriminate. Indeed, some countries in the region have shown signs of resilience. Read our report to find out which currencies we think may be able to withstand the pressure and which are more vulnerable
Executive summary
Concern about an emerging market sell off has proved well-founded, though so far,
there is a degree of differentiation, and Asia, though not immune, is showing signs of
insulation.
One thing is clear from the recent FX movements, although there is a degree of
contagion from the problems in Argentina and Turkey, markets are not mindlessly selling EM FX.
A combination of central bank and government policy will now determine whether
markets reward proactive and credible policy action or whether currencies come under further pressure.
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10 September 2018
Good MornING Asia - 10 September 2018 This bundle contains 5 articlesThis publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more