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BANK INDONESIA TO KEEP CLOSE WATCH ON RUPIAH: ANALYSTS.
JAKARTA, Sept 3 Asia Pulse - Despite a surge last week, the rupiah will likely remain under close central bank watch as market volatility resulting from U.S. housing loan problems could resurface, analysts say.
Local shares meanwhile are likely to follow global market trends, while the latest inflation data due today will also likely to have an effect.
On the rupiah, currency analyst Edwin Gunawan said Bank Indonesia (BI) will keep a tight leash on the currency's movements so as to keep it around 9,400 per U.S. dollar,
...
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Source: HighBeam Research, BANK INDONESIA TO KEEP CLOSE WATCH ON RUPIAH: ANALYSTS.