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Asia Sentinel
Wheels Coming Off Indonesia's Growth

Wheels Coming Off Indonesia's Growth

Our Correspondent
Aug 22, 2013
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Asia Sentinel
Asia Sentinel
Wheels Coming Off Indonesia's Growth
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As has long been expected, Indonesia's economy appears to be hitting a wall, with rising inflation and interest rates, falling exports, a widening current account deficit and a depreciating currency.

Those concerns drove the benchmark Jakarta Composite Index down by 5.6 percent Monday, the biggest one-day decline in two years, then falling by another 1.…

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