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  • IDR to fall further, but no currency crisis - Updated Tue August 27, 2013

    We raise sharply our USD-IDR forecasts through 2014 on the C/A deficit, over-valuation, reserves • Indonesia needs higher interest rates to stabilise the IDR; this is unlikely near-term • However, BI has enough FX reserves to manage worst-case cap...

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Global Focus - The world in transition

The world economy is in transition. Global growth rates are picking up, but transition means elevated risks and volatility. In terms of global implications, all eyes will be on the US and China, with the US normalising monetary policy and China rebalancing its economy.