To fight bubbly inflation, Indonesia hikes rates for the first time since the GFC to 6.75%....
To fight bubbly inflation, Indonesia hikes rates for the first time since the GFC to 6.75%. Belief the central bank has fallen "behind the curve" has led to capital flight and the need to shore up the rupiah by drawing down foreign currency reserves. Indonesia +0.4%. ETFs: EIDO and IDX.
From other sites
at CNBC.com (Jan 24, 2014)
at MarketWatch.com (Jan 17, 2014)
at MarketWatch.com (Oct 1, 2013)
at CNBC.com (Sep 29, 2013)
at MarketWatch.com (Sep 27, 2012)
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