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25 Feb 2014
Flash: Indonesia Rupiah potential outperformer in EM space - TDS
FXStreet (Bali) - According to Cristian Maggio, Senior Emerging Markets Strategist at TD Securities, IDR could be outperformer in the EMFX space.
Key Quotes
"The rupiah continues to enjoy good support through February. With the plan of eliminating the dual currency regime, falling FX vol and a sharp correction in the C/A deficit in Q4, the market has regained confidence. We continue to see IDR as a potential outperformer in the EMFX space."
Key Quotes
"The rupiah continues to enjoy good support through February. With the plan of eliminating the dual currency regime, falling FX vol and a sharp correction in the C/A deficit in Q4, the market has regained confidence. We continue to see IDR as a potential outperformer in the EMFX space."