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Rupiah Falls as Moody’s Downgrades Spain, Recovers

posted by Avatar commodityblog 343 days ago in USD, Fundamental, Daily made popular 343 days ago

The Indonesian rupiah fell today, leading other Asian currencies in decline, after Moody’s Investors Service downgraded Spain’s sovereign-credit rating, refueling concerns caused by the crisis in the countries of the eurozone. Currently the rupiah recovered after the loss.
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