Indonesia adds a pinch of chili against the US dollar with r

Indonesia adds a pinch of chili against the US dollar with rate hike

Indonesia has bolstered its credentials as an emerging market leader – at some potential cost. The country took a surprising step to shore up its faltering currency by raising interest rates, and foreshadowed the tough choices confronting Asian economies in coming weeks.

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Indonesia , , Commentary , Indonesiaeconomy , Interestrates , Foreignexchange , Centralbank , Rupiah , Monetarypolicy , Economicstrategy , Growthtarget , Financialstability ,

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