14 Aug SE Asia Stocks-Indonesia bounces back after rate hike; Thailand extends falls
Indonesian shares bounced back on
Wednesday after the central bank raised rates for the fourth
time since mid-May to defend the rupiah, while Thai and Vietnam
stocks fell in line with broader Asia.
The key Jakarta stock index fell as much as 1.4
percent before reversing course to end 0.8 percent higher after
two straight sessions of sharp
Wednesday after the central bank raised rates for the fourth
time since mid-May to defend the rupiah, while Thai and Vietnam
stocks fell in line with broader Asia.
The key Jakarta stock index fell as much as 1.4
percent before reversing course to end 0.8 percent higher after
two straight sessions of sharp
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