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FX Strategies

FX Strategy 6 February 2013
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Rupiah Forwards in Longest Winning Streak Since July After GDP

Rupiah Forwards in Longest Winning Streak Since July After GDP

* Indonesia’s rupiah forwards gained for a seventh day, the longest winning streak since July, after data showed economic growth exceeded 6 percent for a third year, bolstering demand for local assets  * Gross domestic product increased 6.23 percent last year, compared with 6.49 percent in 2011, the government reported yesterday, with Finance Minister Agus […]

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