Rupiah Rallies on Optimism Faster State Spending to Spur Growth

Updated on
  • President Widodo breaks ground on $5 billion rail project
  • Foreign-direct investment up 7% to $7.9 billion last quarter

Indonesia’s rupiah rose the most in a week on optimism faster state spending will spur economic growth and as figures showed a pickup in foreign-direct investment last quarter.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.