Shuli Ren, Columnist

Indonesia Is Fragile for Good Reason

Heavy dollar bond issuance has put it firmly in the crosshairs of mutual funds and ETFs.

May 17, 2018 at 2:36 AM UTC

Corrected

May 17, 2018 at 4:56 AM UTC

Shuli Ren is a Bloomberg Opinion columnist covering Asian markets. A former investment banker, she was a markets reporter for Barron’s. She is a CFA charterholder.

With Libor rising, putting funds into U.S. money market seems a smarter move.
Photographer: Angelus Aguatinus/Getty Images

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Call it full circle. Five years after the 2013 taper tantrum, Indonesia is looking fragile again.

This year, foreigners have been selling anything to do with the Southeast Asian nation.