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.
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