Indonesia remains highly exposed to global financial conditions, particularly US monetary policy and international portfolio flows. Defending the rupiah too aggressively could weaken domestic demand and raise fiscal pressures, writes Nauli Desdiani.
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Indonesia remains highly exposed to global financial conditions, particularly US monetary policy and international portfolio flows. Defending the rupiah too aggressively could weaken domestic demand and raise fiscal pressures, writes Nauli Desdiani. #Indonesia #fiscalpolicy Bank Indonesia faces an increasingly difficult trade-off between stabilising the rupiah and supporting growth.
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