Indonesia steps up efforts to protect shaky markets
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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 respond swiftly to the global sell-off, as South-east Asia's largest economy is already struggling with weakening domestic consumption and rock-bottom commodity prices.
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