April 11, 2017 edition
More Economy articles in other editions
April 4, 2017 edition
March 28, 2017 edition
Usually, a Federal Reserve (Fed) interest rate hike, like the one on March 16, would weaken other world currencies and stock market indices, especially those in emerging markets. But this time around, the opposite happened. That day, the rupiah, which was at Rp13,347 per US dollar, rose to Rp13,314 four days later, although it weakened back to Rp13,331 middle of last week. Jakarta's Composite Index (JCI) also rose to 5,540 from 5,518. But this was also temporary and mid last week, it dropped to 5,507.
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March 21, 2017 edition
March 14, 2017 edition
Capital movements in financial markets often carry surprises. In the first quarter of this year, the flow of funds into emerging markets grew rapidly. This is at a time when markets around the world were anticipating a rate hike from the US Federal Reserve later this month. Normally, when the Fed rate goes up, funds flow out of emerging markets.
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March 7, 2017 edition
February 28, 2017 edition