Recovering of the Rupiah and accelerating inflation

Source: Bloomberg
By the end of June Indonesian Rupiah managed to overcome its worst quarter for the last three years with a decline of 2.9%. The Rupiah climbed by 0.3% today in Jakarta and currently is trading at 9,400 per USD. However inflation advanced on surging food prices and reached 4.15% in May. Indonesia's export fell to 8.6% in May whereas imports grew by 16.1% leading to trade deficit equal to 486 million USD.
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