Brace, Huge Challenges Ahead
Monday, 14 March 2022
World oil prices soar due to the Russia-Ukraine war. What are its impacts on Indonesia?
SIGNS of exodus begin to appear. Just before the Federal Reserve’s rate hike and global liquidity tightening, foreign investors’ funds are starting to leak out from the Indonesian financial market. Russia’s invasion into Ukraine, which has no clear endgame so far, adds to the uncertainty. Investment relocation to countries with lower risks seems inevitable. It would be a serious challenge for the Indonesian m...
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