Market Pulse: Getting Used To Volatility

Last week, shortly after President Jokowi was chosen as Indonesian Democratic Party of Struggle's (PDI-P) presidential candidate for the upcoming 2019 election, the rupiah faced considerable turbulence. In early Thursday trading, the rupiah wobbled and fell, touching a Rp13,800 per US dollar low at one point. This is well above the estimated Rp13,500-13,600 per US dollar estimate by government and private sector economists for 2018. The emerging q

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