Reported 22 days ago
In August, Indonesia's trade surplus reached $2.89 billion, the highest in three months, surpassing predictions of $1.96 billion. This increase was driven by a strong growth in exports, which rose 7.13% year-on-year to $23.56 billion, against expectations of a 3.83% increase. Although imports also climbed to $20.67 billion, economists anticipate that Bank Indonesia will maintain interest rates at 6.25% due to a focus on macroeconomic stability.
Source: YAHOO