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Indonesia Faces Some Economic Turbulence

Indonesia Faces Some Economic Turbulence

Morning Brief

March 19, 202510m 17s

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Show Notes

This week, the Jakarta equity market experienced a sharp correction, down by 7% at one point. This is driven in part over the economic concerns over a budget deficit and weakening Rupiah. We speak to Brian Lee, an economist from Maybank Investment Banking Group about why the central bank decided to keep rates unchanged and what is his outlook for Indonesia's GDP.

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