New Report Available: Financial Cards and Payments in Indonesia
As the Indonesian economy falls short of its growth target for the first quarter of 2015, Central Bank of Indonesia has revised its initial growth target to just 5.1% for the year. With less than expected performance, consumers are more cautious in terms of spending and have reined in less essential purchases. The strengthening US dollar against the local currency, rupiah, which continued in 2015, has also impacted increasing prices and public utilities thus weakening purchasing power among...
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