Saturday, June 30, 2018

Half point jump

Indonesia Raises Its Reverse Repo Rate to 5.25% From 4.75%

Their debt/GDP for guv been going mostly down since 2000, and is at 38%, a safe ratio.  The half point jump was not needed, except to get back market share they lost to the dollar. Expect the Indonesian coin to regain market share quickly, then get overvalued a bit.


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