Fitch Ratings-Singapore/Hong Kong-22 August 2013: Fitch Ratings will host a teleconference to discuss the outlook and implications for Asia-Pacific sovereign ratings amid investor concern that the U.S. Federal Reserve will begin to reduce its quantitative easing programme of asset purchases.
Pressure on currencies and asset prices in a number of Asian economies has recently intensified, and market anticipation of Fed tapering appears to have triggered some shift in investor perceptions of the risks facing those economies whose current account deficits have widened, such as India and Indonesia.
The teleconference will be hosted by Andrew Colquhoun, Fitch Ratings' Head of Asia-Pacific Sovereigns.
The teleconference will take place on Monday, 26 August 2013 at 2.30pm Hong Kong/Singapore time, 12 noon Mumbai, 1.30pm Jakarta and 4.30pm Sydney.
Participation is free but those interested are requested to register online in advance via this link: http://fitchratings.nyws.com/Register.asp?ID=2867
For enquiries from investors and market participants, please contact: Wayne Li (wayne.li@fitchratings.com, +852 2263 9915) or Wayne Lai (wayne.lai@fitchratings.com, +65 6796 7219)
Members of the media should contact the media representative cited below.
Callers are advised to dial in at least 10 minutes in advance.
Conference call ID 36431382
International Toll Free Dial-in Numbers:
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Non Toll Free numbers (charges may apply):
International Dial-In Number: +61 2 8823 6760
Local Dial-In Numbers:
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Canada, Toronto +1 4166286611
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A replay of the teleconference will be available at www.fitchratings.com a day after the teleconference.
Media Relations: Iselle Gonzalez, Sydney, Tel: +61 2 8256 0326, Email: iselle.gonzalez@fitchratings.com; Bindu Menon, Mumbai, Tel: +91 22 4000 1727, Email: bindu.menon@fitchratings.com; Leslie Tan, Singapore, Tel: +65 67 96 7234, Email: leslie.tan@fitchratings.com; Wai-Lun Wan, Hong Kong, Tel: +852 2263 9935, Email: wailun.wan@fitchratings.com.
Additional information is available at www.fitchratings.com.
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