New Asia House Research briefing assesses how Ukraine crisis could affect Asia’s central banks

In a new Asia House Research report, Phyllis Papadavid, Head of Research and Advisory at Asia House, assesses how the crisis in Ukraine is shaping monetary policy in Asia.

Phyllis Papadavid
Head of Research and Advisory
Phyllis Papadavid is a leading international economist and financial strategist with extensive research experience across the private and public sectors. She leads Asia House’s Research and Advisory work, driving the organisation’s research agenda and directing projects.

Key takeaways

• Central banks now must contend with a broad-based oil price shock and increased downside risks to the global economy
• Central bank reserve management in resource-rich and resource-dependent economies is key in order to diversify and increase resilience
• Asia’s central banks have seen increases in their foreign exchange reserves and are well-positioned to contribute to a resilient green energy transition
• Key to watch will be central banks’ expanded green initiatives, including subsidised lending rates and targeted financing schemes.

READ THE BRIEFING IN FULL HERE