RBI Likely to Leave Rates on Hold Friday, ANZ's Goh Says

The video discusses the rise in US Treasury yields and its impact on Asia FX, particularly the Bloomberg JP Morgan Asia Dollar Index. It highlights the strong US economic growth and its adverse effects on emerging market currencies, especially in Asia. The video examines policy responses from Asian countries like India, Indonesia, and the Philippines, focusing on India's potential measures such as NRI bonds. It concludes with the Reserve Bank of India's monetary policy stance, suggesting that interest rate hikes may not effectively address rupee depreciation.

What factors are contributing to the sensitivity of the dollar to the spike in treasury yields?

How have domestic policymakers in India attempted to address the current account deficit?

What measures has the Indian government considered to manage the rupee's depreciation?

What is the anticipated impact of a 25 basis point rate hike by the RBI on the rupee?

In what ways could the RBI address rupee weakness aside from raising interest rates?