Rupiah’s Carry Trade Nemesis to Become Its Savior This Quarter |
(Bloomberg) -- Carry trades that dragged Indonesia’s rupiah to the bottom of Asia’s league table in the first quarter are now poised to support its remarkable rebound. The currency surged six times more than its closest regional rival in April, erasing half its drop over the previous three months.
Posted: 2020-05-04 01:11:00
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