I did a simple currency forecast on ASEAN currencies, using average forecast results from Purchasing Power Parity (PPP) and Interest Rate Parity (IRP). Sources of inflation and interest info are derived from Trading Economics.
In a nutshell:
- Expected the Ringgit to have marginal depreciation till 2020;
- IDR and PHP are expected to have further significant declines;
- Expected SGD to remain status quo; and
- Marginal positive movement in Thai Baht.
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