
BI: Global Economic Slowdown Hits Indonesias Trade Balance
Global economic slowdown has taken toll on Indonesias export, leading to trade balance deficit amounting to USD2.5 billion in April 2019, central bank Bank Indonesia (BI) has reported. “Trade balance in April 2019 was greatly affected by the slowdown of global economic growth and the declining prices of Indonesian export commodities, which affected Indonesias export. […]