Seeking Alpha

Indonesia rallies, rupiah falls below key 11K level

  • Indonesian shares (EIDO, IDX) regain some of the ground lost Monday, rising 1.5% in Jakarta.
  • Meanwhile, the rupiah continues to struggle, falling beyond 11K per dollar for the first time since 2009 on the back of worrisome trade data. Indonesia SmallCap ETF: IDXJ
  • Elsewhere, Thai shares (THD, TTF) fall -0.6% in Bangkok while stocks in the Philippines and Singapore are marginally higher.
  • Thai Capital Fund: TF
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