AFSA WORLD

Connecting and Supporting the Commercial Finance Industry Worldwide

Foreign Exchange The Indian rupee (INR) will continue to experience a gradual depreciating bias against the US dollar(USD) amid monetary tightening in the US and global financial market uncertainties. Given relatively large foreign holdings of Indian equities, shifts in global investor sentiment and portfolio rebalancing moves will continue to impact the INR. We

Indonesia is the second-largest car manufacturer in Southeast Asia (after Thailand). However, due to robust growth in recent years, Indonesia will increasingly threaten Thailand's dominant position over the next decade. Currently, Indonesia's total installed car production capacity stands at around two million units per year.