atans1

S’pore’s & other Asean’s currencies undervalued

In Currencies on 25/01/2014 at 4:34 am

All the Asean’s currencies are undervalued in purchase-parity terms vis-a-vis the US$. http://www.economist.com/content/big-mac-index

But the S$ is the least undervalued .i.e. its the strongest Asean currency. So if S’pore raises interest rates as TRE posters are calling, money will flood in from the other currencies.  And property prices will fly and the economy tank as exports will be uncompetitive. https://atans1.wordpress.com/2013/12/19/tre-readers-are-illiterate-in-economics-and-finance/

Why Thai politics is broken: http://www.economist.com/blogs/economist-explains/2014/01/economist-explains-13

Indonesia’s most popular politician in the yr of presidential elections: http://www.economist.com/blogs/banyan/2014/01/indonesias-most-popular-politician

The problems facing the PM of Cambodia (BTW, he admires one Harry Lee): http://www.economist.com/blogs/banyan/2014/01/future-democracy-cambodia

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