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INR - Asia FX Outlook 2022: Gravitational Pulls And Sentiment Swings
Market Vectors Indian Rupee/USD ETN
The Asian FX pack is a heterogeneous one, and the outlook for 2022 requires consideration of a number of competing themes.
Covid and the reopening of economies is also still a live topic in Asia, which despite a 'good' pandemic in 2020, suffered in 2021 due to a dismal vaccination rollout.
Additional risk factors that could exacerbate volatility include the ongoing restructuring of China’s property development sector, which faces some big bond maturities next year, not just coupon payments.