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Indonesia fund says stocks have bottomed, rupiah cheap

The rupiah strengthened 4.9 per cent this week, more than twice as much as the next-best performing Asian currency.

Hong Kong

INDONESIAN stocks will rally through year-end as an undervalued rupiah lures back global money managers and President Joko Widodo delivers on plans to improve infrastructure in South-east Asia's biggest economy, according to the nation's largest investor.

"The bottom is...

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