|
|
 |
|
Viewing report
|
|
|
|
Asia-Pacific Economic Outlook Q2 2009: Regional Slowdown Intensifies But Stabilization Is A Possibility Apr 09
Standard & Poors, April 2009
Abstract
With all the focus on declining exports and slowing growth in recent months, scant attention has been paid to currency movements in Asia-Pacific. During the past year, exchange rates in the region have, in fact, seen much volatility. During 2007, when capital inflows reached new heights, regional currencies faced enormous pressure to appreciate. While many central banks resisted this pressure for a while, most had to give in eventually--and currencies appreciated sharply. However, just as producers and consumers were coming to terms with the new exchange rate scenario, towards the end of 2007, the currencies began to depreciate. The two key contributing factors were: the reversal of capital flows in response to U.S. and European financial-sector turbulence; and the shrinking...
Companies mentioned in this report are: Australia (Commonwealth of) (Unsolicited Ratings),New Zealand,Japan (Unsolicited Ratings),Hong Kong (Special Administrative Region),Malaysia,Thailand (Kingdom of),Korea (Republic of),Singapore (Republic of) (Unsolicited Ratings),Taiwan (Republic of China) (Unsolicited Ratings),India (Republic of) (Unsolicited Ratings),China (People's Republic of ),Indonesia (Republic of),Philippines (Republic of the)
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
|
|
|
|
