BFM Podcast

Indonesia Rupiah Bucks Trend

Tan KW
Publish date: Thu, 08 Dec 2016, 01:57 PM

Bharat Joshi, Head of Investments for Indonesia, Aberdeen Asset Management

08-Dec-16 13:10

 

The Indonesian Rupiah has appreciated against the USD, bucking the trend against other emerging market currencies like the Ringgit which has weakened sinceTrump's win. Indonesia's ongoing fiscal reforms, its tax amnesty programme and implementation of land acquisition laws have been market-positive and provide support for the currency.

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