China and the Us Impact on the Rupiah
Thursday, August 1, 2013
Manggi Habir*
US and China, the world's number one and two economies, are going through a major transition. In the US, signs of an improvement in the economy has led global financial markets to expect a shift from low to higher interest rates. In short, the end of cheap money. In China, it is a longer-term shift of its growth policy from one that relies heavily on exports and investments to one that is more balanced with domestic consumption carr
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