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View Full Version : Indonesia Cuts Policy Rate to Boost Consumer Spending - Bloomberg



NewsWhore
03-04-2009, 01:10 AM
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Indonesia Cuts Policy Rate to Boost Consumer Spending (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaGXh_2IleZJs%26refer%3Dasia&cid=0&ei=GByuSfqqOoGQmAf4iejoDQ&usg=AFQjCNFPtrThn6YFhkhSHDTTGSAbXJNyeQ)
Bloomberg
The rupiah has declined 23.6 percent in the past six months, making it the worst-performing currency after South Korea&#39;s won among the 10 most-traded Asian currencies outside Japan. Private consumption, which accounts for about 70 percent of the $433 ...


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