Four Vulnerable Fellows
Monday, March 8, 2021
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
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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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