A significant change in fortunes for Indonesia has occurred since the early part of this year when ETFs were boosted and Indonesia was considered a potential successor to India in the well-known BRIC acronym. Meanwhile, Bloomberg reports that Indonesia's current account deficit had increased to 9.5 billion dollars, while its currency value fell to $9.8 billion last quarter. This is due to several factors such as high interest rates, low yielding stocks, inflationary pressures, and uncertain credit conditions, all of which make Indonesia sound like India.