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Indonesian Stocks, Rupiah Climb as Jokowi Wins Second Term
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Indonesian Stocks, Rupiah Climb as Jokowi Wins Second Term
Seven top private polling agencies had Widodo, known as Jokowi, ahead of Prabowo by at least seven percentage points with about 99 percent of the vote counted. “It’s time to brush aside tail risk concerns and buy Indonesian equities,” Morgan Stanley analysts Sean Gardiner and Aarti Shah said in a report published Wednesday.
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