- Monetary authorities need to be prepared to tighten their policy stance if capital outflows prompt currency weakness
- In the case of depreciation pressures in China, authorities should allow greater adjustment through relative prices and closely monitor financial sector vulnerabilities as monetary policy further tightens
To continue reading,
Sign in to access this Premium article.
Subscription entitlements:

Less than $9 per month

3 Simultaneous logins across all devices

Unlimited access to latest and premium articles

Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Related Stories
- Southeast Asia’s challenges in managing downside risks
- UK cuts World Bank funding by 10% after slashing aid budget
- US imposes tariffs up to 3,521% on Southeast Asia solar imports

