BENGALURU: Indonesia's stocks and currency were driven in opposite directions on Thursday by rising bets for arate cut, while the baht drifted lower on Thailand's plans for a bigger budget deficit to revive its Covid-19 coronavirus-battered economy.
The rupiah fell 0.6% and was on track for its sixth straight losing session, after data on Wednesday showed Indonesia's inflation rate slowed further in June to hover slightly below the central bank's target range.
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