Indonesia Tax Amnesty Driving Money Flows
Bharat Joshi, Head of Investments for Indonesia, Aberdeen Asset Management
22-Jul-16 09:20
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Indonesia has gone up 20% this year from a USD viewpoint. The attractive yields are also partly the cause. The expectation of a $200b inflow from the tax amnesty has pushed valuations ahead of fundamentals. Still, there's a chance to go shopping.
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Tags: JCI, USD, IDR, tax amnesty, Yield chase
