(Bloomberg) -- Indonesia's rupiah had its biggest
advance in more than a year as overseas investors returned to
the country's financial markets. Bonds rose.
The rupiah gained 1.6 percent, the biggest fluctuation of
any major currency, as the Jakarta Composite Index of stocks
rose as much as 0.8 percent to a record. The Philippine peso and
Malaysian ringgit also rose as a rebound in U.S. Treasuries gave
investors confidence to invest in emerging markets.
Read more at Bloomberg Currencies News
advance in more than a year as overseas investors returned to
the country's financial markets. Bonds rose.
The rupiah gained 1.6 percent, the biggest fluctuation of
any major currency, as the Jakarta Composite Index of stocks
rose as much as 0.8 percent to a record. The Philippine peso and
Malaysian ringgit also rose as a rebound in U.S. Treasuries gave
investors confidence to invest in emerging markets.
Read more at Bloomberg Currencies News
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