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Indonesia unveils stimulus to bolster economy, currency

Dozens of overlapping trade and industry regulations being streamlined

A teller preparing Indonesian rupiah for a customer at a money changer in Jakarta on Wednesday. The rupiah touched a fresh 17-year low on Tuesday.


INDONESIA'S president on Wednesday unveiled the first installment of a stimulus package aimed at luring more investment, boosting consumer spending, and supporting a currency that has weakened to 17-year lows.

Investor sentiment towards South-east Asia's largest economy has