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Indonesia fund says stocks have bottomed, rupiah cheap

Published Wed, Oct 7, 2015 · 09:50 PM
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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 past already," Elvyn Masassya, who oversees the equivalent of US$…

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