indo02
Read More

Indonesian rupiah’s freefall may be about to get even faster

[JAKARTA] Indonesia’s currency has been in a freefall, even defying the central bank’s intense market intervention. The decline may now gather further pace as demand for US dollars climb from companies set to repatriate dividends. With the foreign investors adopting a flight-to-quality approach, even the high real returns on Indonesian sovereign bonds won’t be enough to […]

Read More