Dollar set for weekly fall as euro bounces on ECB hike

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© Reuters. A vendor arranges his goods as he waits for customers at a traditional market in Depok, on the outskirts of Jakarta, Indonesia, June 2, 2022. REUTERS/Ajeng Dinar Ulfiana

JAKARTA (Reuters) – Indonesia’s central government on Wednesday ordered regional heads to keep food inflation below 5% as the recent hike in fuel prices could add 1.6%-2% to the inflation rate, a senior minister said.

Chief Economic Minister Airlangga Hartarto said in a meeting Q3 GDP growth will be at around 5.4% and the full-year GDP growth will reach 5.2%.

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By Reuters