Strong rupiah, weak economy: Jakarta Post


JAKARTA (The Jakarta Post/ANN): The rupiah's recent rally and capital inflows have been a breath of fresh air against the backdrop of a lackluster domestic economy and increasing numbers of Covid-19 cases.

Foreign investors invigorated the domestic capital market, posting net buys in the stock and bond markets in the past month, boosting the rupiah and assets value in the capital market.

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Indonesia , rupiah , economy

   

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