BMI Research: Asia Monitor: South East Asia Monitor Volume 2: Foreign Reserves No Match For Capital Flight.

The article reports on the economic outlook for Indonesia through 2012. It indicates that the willingness of Bank of Indonesia (BI) to dip into its reserve, amounting to 8.6% of total reserves and 1.5% of total gross domestic product (GDP), is a strong positive signs for investors. It expects weakness for the rupiah, with an end-period target of IDR8,900 for both 2011 and 2012.