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The Jakarta Post 34
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Editorial: Rupiah under strong pressure

  • The Jakarta Post

| Mon, December 17 2012 | 09:59 am

The rupiah, one of the top gainers against the US dollar in 2011, could end up as one of the worst performing currencies in the region this year — which would be strange, as Indonesia’s economy continues to grow robustly.

Even though the nation’s annual economic growth rate may have declined slightly from last year’s respectable 6.5 percent, it will still most likely end up around 6...

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