(Bloomberg) -- Indonesia's rupiah fell for the first time in six days as stocks and bonds dropped, eroding demand for the currency among investors from outside the country.
The rupiah recouped losses and pushed higher at midday in Asia after the central bank cut interest rates, part of its efforts to spur the economy. It slid back in the afternoon, bringing a pause to a rally that pushed the currency to its highest in almost a year yesterday as investors piled into Indonesian assets.
Read more at Bloomberg Currencies News
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