In the view of the analysts at Australia and New Zealand Banking Group (ANZ), weakening domestic consumption knocked off the Indonesian GDP growth to its slowest in three years. Key Quotes: “Indonesia’s economy ended 2019 on a weak note, with GDP growth moderating further to 4.97% in Q4 from 5.02% y/y in Q3, the softest reading in three years. Domestic demand continued to soften, while a sharper contraction in imports relative to exports resulted in a boost to net export growth. Unless commodity prices stage a strong rebound or global growth picks up materially, Indonesia’s growth is likely to remain stuck around the current pace in the coming quarters, in our view.” USD/IDR: Rupiah remains pressured as Indonesia’s Q4 GDP disappoints with 4.97% FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Crypto Today: Ripple’s XRP unstoppable with over 11% of growth; BTC lags behind FX Street 2 years In the view of the analysts at Australia and New Zealand Banking Group (ANZ), weakening domestic consumption knocked off the Indonesian GDP growth to its slowest in three years. Key Quotes: “Indonesia’s economy ended 2019 on a weak note, with GDP growth moderating further to 4.97% in Q4 from 5.02% y/y in Q3, the softest reading in three years. Domestic demand continued to soften, while a sharper contraction in imports relative to exports resulted in a boost to net export growth. Unless commodity prices stage a strong rebound or global growth picks up materially, Indonesia’s growth is likely to remain… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
