Market Plus
A Fleeting Flood of Funds
Tuesday, September 13, 2016
Yopie Hidayat
WE should rejoice that the outpouring of money from the global financial markets still continues. Emerging markets, such as Indonesia, are still enjoying the rising tide coming their way. So far, those funds are at least keeping the rupiah stable at around Rp13,000 per US dollar.
Last Thursday, the European Central Bank (ECB) decided to keep pumping 80 billion into the market every month. That enormous amount goes not only towards gov
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