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Forecasts vs. Forwards

EM FX

* Forecasts compiled using a composite of Bloomberg estimates

SpotQ1 21Q2 21Q3 21Q4 212022
Chinese RenminbiUSDCNY
Forecast6.56.456.46.46.25
Forward6.466.496.536.566.596.72
Offshore Deliverable RenminbiUSDCNH
Forecast6.436.46.356.336.3
Forward6.466.486.526.556.586.72
Hong Kong DollarUSDHKD
Forecast7.757.757.757.767.8
Forward7.767.757.757.757.757.76
Indonesian RupiahUSDIDR
Forecast1400013803137981375013889
Forward141351427814407145401468615343
Malaysian RinggitUSDMYR
Forecast4.023.983.953.943.88
Forward4.064.074.084.14.114.31
Philippine PesoUSDPHP
Forecast4847.847.547.647.6
Forward48.148.348.548.748.950
Singapore DollarUSDSGD
Forecast1.321.321.311.31.3
Forward1.331.331.331.331.331.32
S. Korean WonUSDKRW
Forecast10801080106810501050
Forward110011001100110011001101
Taiwanese DollarUSDTWD
Forecast28.328.228.12827.8
Forward2827.627.226.826.525.6
Thai BahtUSDTHB
Forecast3029.929.929.629.2
Forward30.130.230.230.230.230.4

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