"Indonesia Business Forecast Report Q4 2013" Is Now Available at Fast Market Research
Indonesian assets have been hit hard by the confluence of a global flight to the US dollar as well as a record current account deficit and high domestic inflation. Although both the government and central bank have made efforts to stem high levels of volatility, we note that the measures introduced thus far are unlikely to be sufficient, and that tighter monetary policy may still be needed to avert a crisis of confidence. As a result of the hit that...
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