Central Bankers Roll Out Anti-Virus Efforts in Southeast Asia

The video discusses how Southeast Asian countries, particularly Thailand and Singapore, are responding to economic challenges posed by the coronavirus outbreak. Thailand has implemented a rate cut to counteract economic headwinds, while Singapore is considering easing monetary policy due to its increased economic exposure to China. The video highlights the vulnerability of these economies and their proactive measures to mitigate risks.

What is the primary reason for Southeast Asian central banks to consider policy responses?

• To increase tourism

• To counter the economic slowdown caused by the coronavirus

• To boost exports

• To improve retail sentiment

What recent action did the Bank of Thailand take in response to economic challenges?

• Introduced a new currency

• Cut interest rates

• Implemented a new tax policy

• Increased interest rates

What is the Monetary Authority of Singapore's current stance on the exchange rate?

• They are increasing the slope

• They are pegging it to the US dollar

• They are allowing for some weakness

• They are maintaining a strong exchange rate

How has Singapore's economic exposure to China changed since the SARS outbreak?

• It is no longer relevant

• It has increased

• It has remained the same

• It has decreased significantly

What percentage of Singapore's total exports is now accounted for by China?

• 15%

• 10%

• 25%

• 30%