(Bloomberg) -- The Indonesian rupiah rose on
speculation overseas investors are buying the country's stocks
and bonds.
The Jakarta Composite Index of stocks yesterday rose 0.7
percent to close at a record high. Indonesian bonds also gained
as an auction of 15- and 30-year securities attracted total bids
of 16.4 trillion rupiah ($1.84 billion), or more than five times
the government's initial sales target.
Read more at Bloomberg Currencies News
speculation overseas investors are buying the country's stocks
and bonds.
The Jakarta Composite Index of stocks yesterday rose 0.7
percent to close at a record high. Indonesian bonds also gained
as an auction of 15- and 30-year securities attracted total bids
of 16.4 trillion rupiah ($1.84 billion), or more than five times
the government's initial sales target.
Read more at Bloomberg Currencies News
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