Four Vulnerable Fellows
Indonesia has been included by HSBC analysts as one of the four emerging markets that are most vulnerable should the global financial market fall into panic, alongside Brazil, Mexico and South Africa
Tempo
March 8, 2021
EXACTLY a year ago, the global financial market was in ruins when Covid-19 started hitting Western countries. The prices of various financial assets, bonds and stocks fell apart. Luckily, there was an injection of liquidity from the central banks of several developed economies that prevented market from collapsing. Now, the same symptoms are reappearing as the market resumes its rumbling.
The injection of liquidity has balloo
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