Tuesday: Taiwan & HK$ surges trigger intervention
May 05, 2025•10 min
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Episode description
The Taiwan dollar surges, forcing central bank intervention. The Hong Kong Monetary Authority also intervenes to stop the Hong Kong dollar breaking its peg. Oil prices slide on extra production from OPEC. Indonesia is set to cut interest rates.
In our bonus Deep Dive interview, ANZ’s Chief Economist for Southeast Asia and India, Sanjay Mathur, looks at whether a sharp selloff in India’s stock market is justified.
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