Although Indonesian economy is currently facing many challenges, it turns out that foreign investor confidence is still quite high. This was revealed by European Chamber of Commerce and Industry (Kadin) in Indonesia (EuroCham) based on the results of their business confidence index (BCI) research conducted on 780 investors from 9 to 26 May 2019.
The external sentiment still seems to be the main driver of Rupiah. Because in today's trade (12/8/19), Rupiah weakened against United States (US) dollar.
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Russia's media oversight agency said Sunday that it wanted Google to stop YouTube users from posting information about unsanctioned political protests or the Russian government would feel free to retaliate against the American company.
Nearly 70 percent of major Japanese companies view the domestic economy as having levelled off and 10 percent believe it has already started to contract, affected partly by the prolonged U.S.-China trade dispute, a Kyodo News survey showed Monday.