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Asia Flash | 29 Aug 2013: Asian markets take a respite; Bank Indonesia hikes rates; India expands measures to stem currency pressures; Philippines Q2 GDP beats expectations; China expands asset securitization

Published on Thursday, August 29, 2013

Asia Flash | 29 Aug 2013: Asian markets take a respite; Bank Indonesia hikes rates; India expands measures to stem currency pressures; Philippines Q2 GDP beats expectations; China expands asset securitization

The selloff in Asian markets took a respite as fears of an imminent escalation in the Syria crisis seemed to ease, and as policymakers in Indonesia and India took more steps to stem currency pressures

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