Taming of Asia's Most Volatile Currencies Creates New Danger
- Traders will lose experience, companies may skimp on hedging
- Investors may benefit through carry trades: Standard Chartered
A customer pays a gasoline vendor at a street stall in Jakarta, Indonesia, on Tuesday, Jan. 5, 2016. Indonesia, a net oil importer, reactivated its membership of the Organization of Petroleum Exporting Countries (OPEC) last year as it tries to improve its long-term energy security.
Photographer: Dimas Ardian/BloombergThis article is for subscribers only.
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Policy makers in Indonesia and Malaysia have been so successful in quashing currency volatility that this is breeding a new danger: complacency.