Will 2017 be Better?

Manggi Habir
Contributor

THE weak US economic recoveryhas brought some temporary relief to emerging market currencies, including the rupiah. This is due to adelay in the US Federal Reserve'sinterest rate hike plan till year's end.The delay has also emboldened Bank Indonesia to drop its weekly reverse repo rate by 25 basis points to 5.0 percent. And, the rupiah per US dollar rate has so far remained relatively steady at the 13,100 level, throughout th

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