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Company & Industry Overviews
The Invesco Asia Pacific Growth Fund Class A (ASIAX) has had a great 2016 so far. It’s a top performer among the nine funds in this review.
The Indonesian rupiah fell against the US dollar on January 14, 2016, after a terrorist bomb exploded in the capital city of Jakarta.
The Philippine peso gained against the US dollar on January 5, 2016. It recorded losses in the previous session due to outflows from emerging markets.
The rupiah was trading in a negative trajectory compared to the US dollar on November 17. Bank Indonesia decided to keep the interest rates unchanged.
The State Bank of Vietnam devalued the Vietnamese dong by 1% to bring the reference rate of the US dollar to dong to 21,890.