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Indonesian FinMin Indrawati: Recent global markets drop is “extraordinary”, authorities ready to act

Recent global markets drop is "extraordinary", authorities continue to monitor for further market measures, said Indonesian Finance Minister Sri Mulyani Indrawati on Tuesday.

Further comments:

To guard economy's fundamentals from spread of impact of markets drop.

Authorities stand ready to implement market stabilisation protocol similar to those launched in 2008-2009.

  • BI Survey: Indonesia's Retail Sales drop 0.3% YoY in Jan, Rupiah off six-day low

USD/CAD Price Analysis: Extends pullback from 1.3700, May 2019 top on bears’ radar

Having failed to extend its run-up beyond May 2017 high, USD/CAD drops 0.40% to 1.3640 during the pre-European session on Tuesday.
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USD/CHF regains 0.9300 amid US dollar bounce, risk reset

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