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View all search resultsA second official confirmed that Lagarde put forward the idea, but said it ran into opposition from Germany, the Netherlands and other northern European countries that have long been against any joint debt issuance.
Financial authorities will guard the bond market to follow its fundamental value, Finance Minister Sri Mulyani Indrawati said on Tuesday, adding that the current circumstances had led to irrational market behavior.
Bank Indonesia (BI) announced Monday five measures to stabilize the rupiah as foreign investors sold off Indonesian financial assets from stocks to bonds and after Indonesia officially reported its first coronavirus cases.
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