Buybacks To Intercept Crisis

Sharp debate colored a meeting at the Presidential Palace in Bogor, West Java, last week. The meeting, chaired by President Joko Widodo, was aimed at addressing the stock index's recent plunge to 4,000, and the US dollar exchange rate passing the psychological barrier of Rp14,000.

Participants were divided into two camps. Chief of Staff and concurrent Coordinating Minister for Political, Legal and Security Affairs Luhut Pandjaitan recommended tha

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