Indonesian Vice FinMin: Govt to continue to support economic growth momentum after sluggish Q3 GDP

While speaking at a banking conference on Wednesday, Indonesian Vice Finance Minister Suahasil Nazara said that his government will continue to support economic growth momentum using the state budget, per Reuters.

Additional Quotes:

Indonesia's economic growth at 5.02% in the July-September quarter "should provide optimism because many other countries are slowing more severely".

"We will use the state budget to manage and maintain economic growth momentum.”

"At a time of slowdown like now, we use the state budget as our support."

This comes a day after Southeast Asia's largest economy grew at the slowest pace in over two years.

USD/CNH Technical Analysis: Below 7.00 for first since Aug. 5

USD/CNH is trading below 7 for the first time since Aug. 5. The offshore Yuan (CNH) is being quoted less than 7 per US dollar for the first time since
อ่านเพิ่มเติม Previous

Gold: Sidelined after biggest single-day drop since Sept. 25

Gold is trading in a sideways manner around $1,486 at press time, having dropped by 1.74% on Tuesday to register its biggest single-day drop since Sep
อ่านเพิ่มเติม Next