# Indonesia, one of five “fragile” emerging markets, looks stronger now

> The Economist reports that Indonesia, once one of the fragile five emerging markets, looks stronger now despite official nervousness about capital flight. The rupiah fell 3.7% against the dollar in November 2016 amid a wider emerging-market sell-off. The Fed raised rates on December 14 and more hikes are expected this year.

- Date: 2017-01-21 · published 2017-01-21T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/73298-indonesia-one-of-five-fragile-emerging-markets-looks-stronger-now
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Capital outflows from emerging markets pressure currencies and raise the cost of dollar-denominated feed imports. The assessment of improving fundamentals suggests less near-term pressure on Indonesian import costs.

## Sources

- economist.com: https://www.economist.com/finance-and-economics/2017/01/21/indonesia-one-of-five-fragile-emerging-markets-looks-stronger-now

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.