NatWest Markets' Chia on Asia FX Markets

The transcript discusses the yuan's trading range and market reactions, highlighting the lack of intervention by the PBC and the potential impact of yuan depreciation on emerging markets. It explores currency competitiveness, speculative pressures, and the role of global factors in currency depreciation, particularly focusing on the Korean won and Malaysian ringgit. The discussion also covers trade dynamics, portfolio flows, and identifies currencies like the Indonesian rupiah and Singapore dollar that may benefit from current macroeconomic changes.

What factors are central banks in the region considering regarding currency depreciation?

How does the current economic environment affect investor behavior towards emerging markets?

What currencies in Asia are currently benefiting from macroeconomic changes, and why?