US President Donald Trump not only declares trade war against China, but also against Europe. Trade war, when countries attack each other’s trade with tariff and quotas not only attack other countries economically, but also rising political tension between them. When big economies at wars, emerging markets bleed even more including

Today, Bank Indonesia has raised the interest rate benchmark 7-days reverse repo rate 25 bps to 4.75 as a part of a preemtive stance to ensure stability of Rupiah as a response to the projection of higher-than-expected interest rate hike in the US, as well as increasing risks in the