Foreign Investors Are to Blame for Indonesia ETFs’ Sudden Fall

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Indonesia’s markets and country-specific ETFs have been among the worst performers in the emerging markets category as foreign investors pull capital out of the country. The iShares MSCI Indonesia ETF (NYSEArca: EIDO) declined 13.6% and Market Vectors Indonesia Index ETF (NYSEArca: IDX) decreased 12.4% year-to-date. The Indonesian equity market has slipped more than 8% in [...]

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