Rupiah impact seen weaker: ability to dent region's currencies reduced

Article Abstract:

Asian economic observers note that the rupiah's ability to pull down the value of its neighboring currencies has been diluted by the increasing wariness of investors, who are now scrutinizing individual economies. Many investors are now considering the currencies of troubled countries that have shown compliance with International Monetary Fund-backed reforms, with some of these country's currencies appreciating by as much as 14% against the dollar.

Domestic Financial Transactions, Prices and rates, Economic policy, Indonesia, Asia, Money market, Money markets, Rupiah (Indonesia)

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Stock-market rebound could come by end of 1st quarter

Article Abstract:

A survey conducted by Dow Jones and Company Inc reveals that Thailand's stock market would experience moderate growth after by March 31, 1998. The Thai situation is also predicted to worsen in the first quarter of 1998 with benchmark falling to the 280 level but climbing to the 450 level by the end of the first quarter. There is widespread worry however, on the level and the solution for Thailand's worsening corporate debt.

Investment advice, Investment Advisory Services, Forecasts and trends, Thailand, Surveys, Investment advisers, DJ, Dow Jones & Company Inc.

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