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This currency has lost 97% of its value against the US dollar - ValueWalk

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POSTED BY:
Canada Forex Portal

DATE:
08/11/2015

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While the fund's share price is denominated in US dollars, the stocks that it purchases in Jakarta are priced in rupiah. So if the rupiah improves, the fund's US dollar share price will increase in value. But there's an even more interesting aspect to

Read More:
http://www.valuewalk.com/2015/08/dollar-vs-rupiah/

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