Goldman Says Asia Won't Lift Rates as Currencies Drop

Updated on
  • Below-target inflation makes borrowing-cost increases unlikely
  • Malaysian ringgit's 11% slump was most in the region this year

Favorable economic and international trade conditions in most Asian countries makes it unlikely that the region’s central banks will deem it necessary to raise interest rates to offset the impact of weaker currencies, according to Goldman Sachs Group Inc.

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