Indonesia's market closed lower, with the IDX Composite slipping modestly as currency support remains the central theme. The central bank continues stepping up bond buying and hedg
Indonesia's market closed lower, with the IDX Composite slipping modestly as currency support remains the central theme. The central bank continues stepping up bond buying and hedging incentives to steady the rupiah, which still hovers above 18,000 per dollar, while trade officials expect a wider August surplus alongside higher September inflation. Trade headlines lean toward opportunity, with US tariff potential seen boosting the local solar panel market and Indonesia-China investment talks advancing.
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