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EM ASIA FX-Rupiah hits 16-year low as Indonesian bonds retreat
Mon, 15 Dec 2014 00:25:34 -0800* Rupiah slides 1.6 percent, hits lowest since August 1998 * Year-end dollar demand, worsening risk sentiment dents rupiah * Focus also on possible rupiah selling by offshore investors (Adds comments, ...
Rupiah hits 16-year low as Indonesian bonds retreat
Mon, 15 Dec 2014 01:23:01 -0800SINGAPORE: The Indonesian rupiah hit a 16-year low versus the dollar on Monday, dented by year-end corporate demand for dollars and possible position squaring in Indonesian bonds by overseas investors.