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Asia Flash | 13 June 2013: Bank Indonesia delivers an unexpected ''pre-emptive'' rate hike; Fitch upgrades India's outlook to stable

Published on Wednesday, June 12, 2013

Asia Flash | 13 June 2013: Bank Indonesia delivers an unexpected ''pre-emptive'' rate hike; Fitch upgrades India's outlook to stable

Market volatility was in full force across Asian markets today, amidst a broader global EM selloff. The downdraft in equity markets was led by the Nikkei (-6.4%) and the Philippines (-6.7%).

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