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Indonesia’s rupiah rebounds but rate rises threaten middle class

South China Morning Post · 17. lipnja 2026. · Scrapirano prije 5d
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Indonesia’s rupiah rallied from a historic low this week, its stock market surged and a closely watched sovereign wealth fund bond offering was oversubscribed, offering Southeast Asia’s largest economy a reprieve after months of asset pressure. But economists have warned that the relief may come at a cost as the same forces helping stabilise the rupiah, including higher interest rates and easing external pressure, could deepen financial strain on the country’s shrinking middle class and weigh on...

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