ANZ `Underweight' Rupiah, Indian Rupee

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Aug. 20 (Bloomberg) -- Richard Yetsenga, head of global markets research at Australia & New Zealand Banking Group Ltd., talks about Indonesia's rupiah and India's rupee. The rupiah fell to 10,500 per dollar yesterday for the first time since 2009, stocks dropped by the most in 22 months and government bonds plunged. The rupee plunged yesterday to a record low. Yetsenga also discusses Federal Reserve monetary policy. He speaks from Sydney with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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