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Today's Headlines Greek Referendum

  • Indonesian Stocks & Rupiah Weaken on Result Greek Referendum

    Indonesian Stocks & Rupiah Weaken on Result Greek Referendum

    As expected Indonesian stocks as well as the rupiah weakened after the opening of trade on Monday morning (06/07). This performance is in line with the direction of other markets in Asia. The primary reason behind this performance is the result of Greece’s referendum, conducted on Sunday (05/07), in which Greek voters overwhelmingly rejected reform plans that are demanded by the country’s international creditors. This result seriously jeopardizes the future of Greece in the Eurozone.

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