• SENSEX
    NIFTY 50
Economy

Asia's central banks have almost no reasons to hike rates in 2019

Updated : December 20, 2018 10:04 AM IST

The Fed policy outlook is a major factor driving emerging currencies in Asia and a less aggressive rate outlook next year generally eases foreign exchange selling pressure in economies like Indonesia, Philippines and India.
Central banks in these countries hiked rates repeatedly this year to mitigate portfolio outflows and moderate inflation.
The US Federal Reserve on Wednesday raised rates for the fourth time this year, as expected, but signalled a slower pace of hikes in 2019 than it previously projected.
Asia's central banks have almost no reasons to hike rates in 2019
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV