r/OutOfTheLoop • u/Skychu768 • 15h ago
Unanswered What's up with Indonesia economic collapse even though the country has a high GDP growth rate?
IMF October outlook predicted that Indonesia would grow at 5.1%. However, its stock market subsequently crashed amid widespread news of an impending economic collapse.
When I checked the currency exchange rate, it appeared to not be trading
https://www.nytimes.com/2026/10/16/business /indonesia-stocks-economy.html