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Indonesia’s rupiah rebounds but rate rises threaten the middle class
A successful sovereign wealth fund debut and a stock market rally offer a reprieve, even as higher borrowing costs threaten growth.
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malaymail.com
War, weak rupiah and wary investors put pressure on Indonesia’s economy
JAKARTA, June 15 — Indonesia’s economy faces a perfect storm wrought by high energy prices and, while the currency has rebounded slightly, critics warn government policies are...
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channelnewsasia.com
‘Investor confidence high’: Indonesia touts Danantara bond success amid recent market turbulence
Ministers highlight Indonesia’s efforts to strengthen its investment climate as sovereign wealth fund Danantara raises US$1.5 billion in its debut international bond offering.
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scmp.com
Indonesia’s rupiah rebounds but rate rises threaten the middle class
A successful sovereign wealth fund debut and a stock market rally offer a reprieve, even as higher borrowing costs threaten growth.