Obviously, Indonesia ETFs are enjoying the rate hike news Thursday, but the medium-term outlook for these funds is murky. If there is a silver lining for investors in emerging markets currencies and equities it is that developing world central banks are starting to take a proactive approach to their slumping currencies. In addition to Bank Indonesia, central banks in Brazil, India and Thailand have all been active in recent days to keep their currencies from further declines.

Market Vectors Indonesia ETF

ETF Trends editorial team contributed to this post.

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