DCSIMG

Tag: INR

October

EM FX Monocle – A bird in hand…

Published date: 10 Oct 2012 | Analyst: Amy Yuan Zhuang

With more easing unleashed by major central banks in September the EM FX has come into spotlight again as investors rush for carry in low volatility environment. Remain long EM FX, but mind the low perception of risk prevailing in the markets and hedge the sensitive EM exposures while cheap – better be safe than sorry.

September

FX Comment: as long as we trust

Published date: 24 Sep 2012 | Analyst: Aurelija Augulyte

After a week of consolidation, the outcome of the confidence game is in Spain's hands...

India raises subsidised diesel prices in a welcome move

Published date: 14 Sep 2012 | Analyst: Annika Lindblad

The 14% rise is a welcome move amidst worsening public finances, making it easier for the central bank to cut rates. Accelerating inflation restricts the room for rate cuts, though.

Asia FX Outlook: Beggar-thy-neighbour policies

Published date: 5 Sep 2012 | Analyst: Amy Yuan Zhuang

The Asian FX outperformance vs. the USD from the past two months may be reversed in the short term, as prospects for the global economy continue uncertain. A weaker currency is more than welcome for the Asian policy makers.

August

India: A drought of growth

Published date: 31 Aug 2012 | Analyst: Amy Yuan Zhuang

The economic activity has rebounded somewhat during Q2, but considerable downside risks remain. With limited scope to support growth from both monetary and fiscal sides, we expect the economy to remain subdued in the near term.

July

New President in India and crucial needs for reforms

Published date: 23 Jul 2012 | Analyst: Amy Yuan Zhuang

Pranab Mukherjee is elected as the new President of India. Investor hopes are on Prem-ier Manmohan Singh to implement a series of delayed reforms that would reduce the country’s high fiscal deficit and improve growth outlook.

June

Det asiatiske valutamarked – Ikke de bedste udsigter

Published date: 18 Jun 2012 | Analyst: Jan Bylov

De asiatiske EM-valutaer blev svækket over en bred kam i maj som følge af faldende tillid på det globale marked efter en optimistisk start på året og et roligt forår.

Asia FX Outlook: Not the best of times

Published date: 13 Jun 2012 | Analyst: Annika Lindblad

Sentiment took a turn for the worse in May, which was also reflected in a broad range of Asian currencies.

Asia FX Outlook: Not the best of times

Published date: 13 Jun 2012 | Analyst: Annika Lindblad

Sentiment took a turn for the worse in May, which was also reflected in a broad range of Asian currencies.

April

INR: Nearing record weak levels

Published date: 25 Apr 2012 | Analyst: Annika Lindblad

Pressure on the INR is to remain until the domestic problems are resolved, but longer term strengthening is still intact. Thus we have revised up especially the short end of our INR forecast.

January

India – strong growth story sidelined

Published date: 4 Jan 2012 | Analyst: Anders Svendsen

We are turning more negative on the economic outlook for this year.

December

Asia FX Outlook

Published date: 8 Dec 2011 | Analyst: Anders Svendsen

European debt crisis continues to weigh on Asian currencies