Elections offer reality check for rupee, rupiah

After a surprisingly strong start to 2014, the elections in India and Indonesia have seen both currencies return to poor form.

Elections offer reality check for rupee, rupiah

It was all going so well.

But after a surprisingly strong start to 2014, the rupee and rupiah have returned to weak form this week amid elections in India and Indonesia.

After early counting, Indonesia’s rupiah on Monday hit a six-week low on concerns that the next government would be fragmented.

For India, meanwhile, Monday brought with it the rupee’s biggest one-day fall in more than a month as...

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