Asian currencies rose to over 20 years
Peng Bo believes that Asian currencies can be adjusted at the edge of the best year by at least two years.
Photo: Reuters
The specific warning sign is Indonesia, the Indonesian rupiah dropped to the bottom in the last two years. Indonesia's report is considered to be an Asian currency bond because the country has a high rate of the country.
Indonesia usually in the first area within the number of dollars to sell, a change in the psychology of investors, this is often the signal cycle of the larger decline in other currencies in these regions. The 1.2016 month Asia dollar index fell, after 7 years, a few months after the Indonesian rupiah reduced to the level of 1998, from the weakest link.
The Indonesian rupiah reduced 16% months the worst performance of a currency in 24 currencies in Asia and the third worst in the global emerging market. The devaluation of the rupiah, investors sell stocks, bonds, securities and capital movements in Indonesia, because of rising interest rates forecast us.
The 10 currencies Bloomberg JPMorgan Asia dollar index measurement and dollar area, last year percent increase in the level of 6,7 increases, the maximum data are synthesized in 1994. If it is only on the Indonesian rupiah, the index will return to significant year.
Influence of various currencies in the region can be restored when the dollar. The dollar rose since the Federal Reserve Chairman (American Association of Jerome Powell) to provide information actively in the legislation of the United States last week Mr. Powell acknowledged that economic growth in the United States to promote the rumors that they could be increased to four times the annual interest rate in 2018.
There are many other signs that Asian currencies began to weaken. The Philippines Peso fell to the lowest level since last month on month 7.2006. The South Korean won, India rupee levels drop at the bottom in February three months.
Peng Bo believes that Asian currencies can be adjusted at the edge of the best year by at least two years.
Photo: Reuters
The specific warning sign is Indonesia, the Indonesian rupiah dropped to the bottom in the last two years. Indonesia's report is considered to be an Asian currency bond because the country has a high rate of the country.
Indonesia usually in the first area within the number of dollars to sell, a change in the psychology of investors, this is often the signal cycle of the larger decline in other currencies in these regions. The 1.2016 month Asia dollar index fell, after 7 years, a few months after the Indonesian rupiah reduced to the level of 1998, from the weakest link.
The Indonesian rupiah reduced 16% months the worst performance of a currency in 24 currencies in Asia and the third worst in the global emerging market. The devaluation of the rupiah, investors sell stocks, bonds, securities and capital movements in Indonesia, because of rising interest rates forecast us.
The 10 currencies Bloomberg JPMorgan Asia dollar index measurement and dollar area, last year percent increase in the level of 6,7 increases, the maximum data are synthesized in 1994. If it is only on the Indonesian rupiah, the index will return to significant year.
Influence of various currencies in the region can be restored when the dollar. The dollar rose since the Federal Reserve Chairman (American Association of Jerome Powell) to provide information actively in the legislation of the United States last week Mr. Powell acknowledged that economic growth in the United States to promote the rumors that they could be increased to four times the annual interest rate in 2018.
There are many other signs that Asian currencies began to weaken. The Philippines Peso fell to the lowest level since last month on month 7.2006. The South Korean won, India rupee levels drop at the bottom in February three months.
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