FXMarketAlerts Team
FXMarketAlerts
Published at 06:35 (GMT) 26 Nov
FinMin Brodjonegoro commented that the govt. was working on a fixed fuel subsidies system to reduce impact of volatile prices on the budget. He added that the recent cut in officials trips and meetings will save IDR16trn. Furthermore the FinMin added that inflationary pressures from the recent rise in fuel prices would last for 3-m. USD/IDR remained steady between 12160 - 12180 lvls into late evening trading. JKSE trading in mild red, still below 5120. BB
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