indo02
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Commodity strength, economic recovery brightens Indonesian rupiah’s prospects – Reuters survey

Investors became overwhelmingly bullish on the Indonesian rupiah as the country’s growth prospects improved in tandem with surging commodity prices, while sentiment on the Chinese yuan became positive again, a Reuters survey showed on Thursday. Sentiments on the Singapore dollar turned positive, while bearish views on South Korea’s won, the Philippine peso and Malaysian ringgit […]

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asia01
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Asia-Pacific predicted growth cut by IMF to 6.5%

The International Monetary Fund has cut its forecast for Asia-Pacific economic growth this year to 6.5 percent from 7.6 percent in April. The downgrade is the biggest of any global region. The IMF said the Coronavirus pandemic took a turn for the worse in the spring, with the Delta variant causing new spikes in infections. […]

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