Double Pressures
Monday, March 6, 2023
Investors need to anticipate pressures from the financial market and the real sector.
INDONESIA’s economy is under pressure from two sides: the financial market and the real sector. In the financial market, foreign capital that flowed rapidly into Indonesia throughout January is starting to reverse course. Meanwhile, in the real sector, the price of Indonesia’s export commodities, especially coal, is starting to plummet.
Let’s look at the global financial market first. The core issue remains the same: a jump of
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