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Company & Industry Overviews
What Has ASIAX Done Superbly Year-to-Date in 2016?
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.
Indonesian Rupiah Fell Due to the Jakarta Attack and Rate Cut
The Indonesian rupiah fell against the US dollar on January 14, 2016, after a terrorist bomb exploded in the capital city of Jakarta.
Philippine Peso Gained as the Global Markets Calmed Down
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.
Indonesian Rupiah Traded Lower, Interest Rates Didn’t Change
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.
Vietnamese Dong Devalues by 1%
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.