Rupiah Holds Edge Over Rupee in Currency Battle as Polls Near

The consensus: Indonesia’s rupiah will trump India’s rupee.Opinion polls show Indonesian President Joko Widodo is set to win the April 17 vote, while Indian Prime Minister Narendra Modi’s position appears less secure following regional defeats for his party late last year.“The rupiah offers a better risk-reward for investors than the rupee,” said Rainer Michael Preiss, an executive director at Taurus Wealth Advisors Pte. in Singapore.