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Indonesia steps up efforts to protect shaky markets

Wednesday, August 26, 2015 - 05:50
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While the benchmark index closed up 1.56 per cent on Tuesday, a number of stocks tumbled by the new daily limit.

Jakarta

INDONESIA stepped up efforts to protect its battered financial markets from global volatility on Tuesday, imposing new daily limits on how much shares can fall and organising a concerted share buyback programme.

President Joko Widodo's administration has been forced to