Indonesian Markets Prepare to Be Spooked by Prabowo Win

Bareksa.com - From a falling rupiah to a slow retreat by foreigners from high-yielding bonds, markets in Indonesia are showing telltale signs of the volatility and weakness that could ensue should the presidential election be won by ex-general Prabowo Subianto.

As quoted as from The Jakarta Globe, The 7 percent drop in the rupiah over the past three months has accompanied a steady narrowing in the lead frontrunner Joko “Jokowi” Widodo had in opinion polls over Prabowo. The election is less than two weeks away, on July 9.

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