Post Tagged with: "Taiwan"
Asia Economic and Currency Snapshot For Feb 2011
By Win Thin and his Emerging Markets Strategy Team at Brown Brothers Harriman India: Economic and Currency Snapshot Macroeconomic Update: GDP rose 8.9% y/y in both Q2 and Q3, and is expected to grow about 9% in 2010 and 8.5% in 2011. Industrial production grew by only 2.7% y/y in November vs. 11.3% y/y in
Asian Policy-Makers Face Dilemma Of Too Many Targets
by Win Thin Bank Indonesia kept rates steady at 6.5%, as expected. However, we disagree with its dovish stance. Inflation pressures are rising, and tightening should have begun in 2010. Headline inflation was 7.0% y/y in December, the highest since April 2009 and well above the 5% +/- 1 percentage point target band for both