Economy

The Indian rupee appears to be holding support and looks poised for a run at resistance at INR53.00/US$ from the current level of INR53.82/US$. The currency is one of the few in the... 2013-02-28

The latest figures for December 2012 showed that money supply growth in the island nation remains weak, chiming in with our broader view that a swift recovery from the ongoing economic... 2013-02-28

BMI View: We remain above consensus on India's economic growth outlook, calling for headline expansion of 5.5% and 6.1% for FY2012/13 and FY2013/14 (versus market expectations of 5.3%... 2013-02-01

According to anecdotal reports, in a bid to shore up its rapidly dwindling foreign exchange reserves and provide support to the Pakistani rupee, the government is planning to make amendments... 2013-01-31

While remittance inflows into Bangladesh have remained robust, with the six-month moving average of year-on-year growth having hit a fresh multi-year high of 22.7% in December 2012,... 2013-01-30

While the Sri Lankan rupee could see slightly more gains against the dollar in the near term, we believe that any further appreciation should be limited as the unit has come a long... 2013-01-30

In line with our below-consensus outlook on the Sri Lankan economy, the recently-released GDP figures for Q312 showed real GDP growth having slowed considerably to 4.8% year-on-year... 2013-01-03

As indicated by the quantum index of large-scale manufacturing (QILSM), manufacturing activity in Pakistan has been on an upswing of late, bolstering our outlook for full-year real... 2013-01-03

In 2012, our view for mild strength in the Bangladeshi taka played out well with the exchange rate having crept towards our end-2012 target of BDT80.00/US$. The taka's gains against... 2013-01-03

We have long cautioned that while the worst was behind us in terms of India's economic downturn, a revival in headline growth would be a protracted affair, and the lack of vigour in... 2012-11-21