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IF - Positive Long-Term Prospects Across Top Asian Emerging Markets
Aberdeen Indonesia Fund Inc. (Common Stock
As concerns about recession are off the table, we start to see again the conditions for emerging markets reflate with monetary policy. Slow growth, manageable inflation and central banks not raising rates put Asian emerging markets in a sweet spot. Asia’s total economy is projected to increase by 5.6% in 2019, and inflation is expected “to remain unconcerning in the medium term,” according to Standard Chartered Plc.
Fundamentals of South East Asian countries are solid, current account deficits are small, foreign reserves are more substantial than before and currencies are unpegged. These countries