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Exodus of Foreign Investors From Indonesian Stocks May Continue Amid Weak Rupiah

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Global funds are poised to continue selling Indonesian stocks after the central bank’s surprise interest-rate hike had minimal impact in boosting the nation’s currency.

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Global Funds Sell Indonesia Stocks in Longest Streak In a YearForeign investors have sold Indonesian stocks for 15 straight days, the longest stretch since January 2023, on expectations of a prolonged period of higher interest rates and a stronger US dollar.
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