Indonesia March Trade Surplus Hits 3.32 Billion Dollars
The trade surplus reached its highest level since September despite falling exports. April inflation cooled to 2.42 percent as price pressures eased.
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Indonesia reported a $3.32 billion trade surplus for March, the largest since September, even as annual exports fell 3.1%. The figure exceeded the $2.41 billion median forecast in a Reuters poll and the $1.28 billion surplus recorded in February. Investors are weighing this trade resilience against a record-low rupiah and geopolitical tensions in Iran.
