Indonesia ETFs Slowing as Central Bank Enacts Desparate Measures
November 21, 2013 at 14:16 PM EST
Indonesia has executed its most aggressive rate tightening policy in eight years to combat an expanding current-account deficit but it may not be enough to buoy the economy and country-specific exchange traded funds. Bank Indonesia hiked rates by 175 basis points to 7.5% since mid-June, the fastest...