Tuesday, August 3, 2010

Update Indonesia Market News

Indonesia Stocks Fall Most in Two Months on Inflation Concern
(Bloomberg) -- Indonesian stocks fell, sending the benchmark index to its biggest loss in more than two months, as accelerating inflation increased concern among some investors that the central bank will raise its main interest rate. http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=alawQRagKmCw

Indonesia’s Rupiah Strengthens for Ninth Day Before Growth Data
Indonesia’s rupiah advanced for a ninth day, its longest winning streak since December 2005, before a report this week that’s forecast to show the fastest quarterly economic growth since 2008. Bonds gained.

Indonesia May Keep Rate at 6.5%, Report Faster Growth
Indonesia may keep its main interest rate at a record low for a 12th straight month, putting off joining its neighbors in raising borrowing costs even as growth and inflation accelerate in Southeast Asia’s biggest economy.

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