Mr. JC, Ting tong ting tong.....
Yes, it does. It makes sense, indeed. With weakening dollar, they will invest their money out buying bulk-in-purchase of Asian Equity, esp. Indonesia. E.g. yesterday foreign buys ANTM, TINS, & PTBA in significant amount. And don't forget. Most US debt is in USD, even if inflation and dollar depreciation take place, it will reduce its debt burden. AKA: No big deal gitu loh. Most matters: spreading to emerging market have smoothly done. Om Rei, IDR is still weakening coz of CB and SUN's out yesterday. Slowly, it will return. In addition, Pertamina have just bought much USD. KMIIW. Love, Aimee
