A Breath of Fresh Air for Rupiah

By Editorial Team 10/01/2020
Summary

Indonesia's debt securities received a stable rating from international rating agency Moody's Investors Service. Based on its new report released in January 2020, Moody's has assigned Baa2 with a stable outlook amid global economic pressure and uncertainty.

The stable rating reflects an improvement in the quality of Indonesia's debt securities. It is supported by policies emphasis on domestic macroeconomic stability in line with the government's efforts to increase resilience to global economic shocks.

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