ANZ's Goh 'Bearish' on Philippine Peso, Says Indonesia Rupiah 'Undervalued'

The video discusses the economic divergence between North and Southeast Asia, highlighting the resilience of Southeast Asian economies compared to North Asia. It examines currency performance, focusing on the South Korean won, Chinese yuan, and Philippine peso, and analyzes trade strategies. The video also compares the Indonesian rupia and Indian rupee, considering factors like fiscal policies, elections, and currency valuation.

What is the main reason for the economic divergence between North Asia and Southeast Asia?

• Different levels of technological advancement

• Varying levels of government intervention

• Differences in PMI data and supply chain links

• Cultural differences affecting economic policies

Which currencies have been leading the rally in Asia this year?

• Japanese yen and Chinese yuan

• Southeast Asian currencies

• Taiwan dollar and Korean won

• Indian rupee and Indonesian rupia

Why is the Philippine peso expected to remain under pressure?

• Political instability

• High inflation rates

• Deteriorating external balance and current account deficit

• Strong competition from neighboring currencies

What factor supports the preference for the Indonesian rupia over the Indian rupee?

• Higher interest rates in Indonesia

• Aggressive policy response and expected growth improvements

• Stronger trade relations with the US

• Lower inflation rates in Indonesia

What risk is associated with the Indian rupee due to upcoming elections?

• Fiscal slippage

• Trade surplus

• Higher inflation

• Increased foreign investment