Skip to main content

Will any other central banks hike interest rates?

We are not expecting any other central banks in the region to follow Bank Indonesia and hike interest rates to support their currencies. However, one central bank worth monitoring is the State Bank of Vietnam. It is one of the few countries in the region where reserve coverage is low (just three months’ worth of imports), and also a place where policymakers try to keep the currency stable in order to provide certainty to exporters. 

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services

Get access