Around the World's Markets: Jakarta

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The Independent Online
THE JAKARTA stock index ended slightly higher, up 1.37 points at 262.25, as talk of state help boosted telecoms shares. The Indonesian rupiah was little changed at 11,000 to the US dollar amid light trading, as concern about capital controls eased.

Indonesia's creditors agreed yesterday in Paris to reschedule $4.2bn in government debt due in the next two years, easing the debt burden. The rupiah had plunged 51 per cent this year, its second year as the world's worst performing currency.

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