Emerging markets: World Bank forecasts Indonesian GDP growth at 6.1% in 2012

  • Growth is anticipated to be 6.3% in 2013
  • Inflation could reach 8.5% this year with a fuel-price rise
  • Budget deficit will be around 2.5/3.0% GDP, depending on what happens to fuel prices

Like so many other pairs, USD/IDR is stuck in range trading mode between 9040/9190

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