Indonesian Rupiah

Remarks by US Federal Reserve Chair Janet Yellen late Thursday suggesting the central bank could still raise rates this year sparked fresh selling on Friday, with the Malaysian ringgit and Indonesian rupiah falling to their lowest levels since the Asian financial crisis in 1998

Time to buy for long-term; like metals, banks: ICICI Pru

The market is now presenting an opportunity to invest for the long-term in sectors like IT, metals, banks, telecom etc, says S Naren of ICICI Prudential AMC.

See rupee in 61-62/$ range in medium-term: Macquarie Bank

However, given that fundamentals of India better placed than Russia and Brazil, Nizam Idris of Macquarie Bank is confident of rupee outperforming against other EM currencies.

Are emerging markets on the brink of another crisis?

The selloff spread to emerging market currencies in Asia on Monday morning, as the Malaysian ringgit hit a fresh four-year low against the dollar, the Philippines peso hovered close to its four-year low and the Indonesian rupiah hit a two-week low against the greenback.

Rupee set for worst month ever, NE Asia FX bucks trend

The rupee has tumbled 10.4 percent against the dollar so far this month, which would be its largest monthly depreciation ever if it ends around current levels, according to Thomson Reuters data.

Rupiah at new four-year low; Asia FX down for week

The rupiah fell 0.3 percent to 10,830 per dollar, its weakest since April 2009, as investors awaited a government announcement on a policy package to curb inflation and boost jobs in the early afternoon

EM currencies in disarray: Why central banks may look away

The Indonesian rupiah is down about 1.8-2 percent. There have been bouts of falls in all currencies so this is global dollar strength.