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Channel NewsAsia
Channel NewsAsia
AsiaPac · 1 hrs ago
Rupiah slide and ‘Sell Indonesia’ stocks: Jakarta’s counter moves useful but experts flag deeper fiscal concerns
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Rupiah slide and ‘Sell Indonesia’ stocks: Jakarta’s counter moves useful but experts flag deeper fiscal concerns
Indonesia’s emergency interest rate hike and efforts to support the rupiah may have helped calm markets for now, but economists say investor confidence will not fully return unless the government addresses deeper concerns.
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