Emerging Asia Economics

Emerging Asia Economics Weekly

1 February, 2019

Rebounding rupiah, Pakistan-IMF talks breakdown

The continued rebound in the rupiah means that further interest rate hikes by Bank Indonesia (BI) are unlikely in the near term, but we think it is too early to call an end to the central bank’s tightening cycle. Meanwhile, despite its precarious balance of payments position, talks between Pakistan and the IMF over a bailout broke down earlier this week.

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