Rupiah

June trade deficit at US$450 million vs forecast US$790 million

Experts weigh in on which currencies will stay resilient and which are volatile

The rupiah has weakened past 18,000 per US dollar after the resignation of BI governor Perry Warjiyo on Jul 27

[JAKARTA] A brief rally in Indonesian stocks pushed the benchmark index to the cusp of a bull market, as investors rotated into laggards and concerns over the country’s fiscal health eased. 

It defies market expectations of another hike following back-to-back increases aimed at supporting the rupiah

The government estimates the initiative to draw up to US$28 billion in investment

Geopolitics has given way to issues related to the Fed, currency dynamics and El Nino

Cape Town-based Allan Gray says volatility offers a “fertile hunting ground” for frontier market investors

A central feature of the package is trade and industry support through 0% import tariffs on LPG and plastic raw materials