Indonesian deals hit by rising dollar, outflows

By Morgan Davis
24 May 2018

Weeks of currency depreciation, emerging market outflows and violence domestically have taken a toll on Indonesia’s credit and equity markets, despite the central bank making some effort to assuage the volatility. What lies ahead for the country? Morgan Davis finds out.

Emerging markets have been battered all month as investor outflows in debt and equities hint at a repeat of the 2013 taper tantrum. Geopolitical headlines from Iran to Korea are making investors nervous, said one fixed income portfolio manager, who added there are more sellers than real buyers ...

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