Indian Rupee Likely to Strengthen at Least in Short Term, BoAML's Garg Says

Indian Rupee Likely to Strengthen at Least in Short Term, BoAML's Garg Says

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Interactive Video

Business

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The video discusses the recent movements in the Indian rupee and the Thai baht, influenced by central bank signals and political uncertainty. It highlights the potential for the rupee to strengthen due to favorable trade balance numbers and portfolio inflows. The Thai baht faces election-related uncertainty, but strong economic fundamentals provide support. The video also covers broader themes in Asian markets, including the US-China trade war and the Fed's dovish stance. Finally, it speculates on the possibility of Bank Indonesia cutting interest rates due to the rupiah's resilience and positive trade balance figures.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected outcome of the upcoming FOMC meeting as discussed in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the recent trade balance numbers for Indonesia?

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