An Indonesian man watches as Mount Sinabung spews thick smoke in Karo, North Sumatra on January 4. The Indonesian central bank is fighting fire as the strengthening dollar and rising oil prices have put pressure on the country’s economy. Photo: AFP

Tale of two emerging markets: why Indonesia’s prospects look healthier than Turkey’s

Nicholas Spiro says despite the difficult global environment, the resolute action by Indonesia’s central bank makes for a better outlook for the country

Topic |   Indonesia

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An Indonesian man watches as Mount Sinabung spews thick smoke in Karo, North Sumatra on January 4. The Indonesian central bank is fighting fire as the strengthening dollar and rising oil prices have put pressure on the country’s economy. Photo: AFP
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