(Bloomberg) -- Indonesia's rupiah strengthened to the highest in four months against the dollar as overseas investors increased purchases of the nation's stocks and bonds.
The rupiah led gains among the 15 most-actively traded Asia Pacific currencies this week as the country's equity index reached a record and 10-year bonds gained for a 14th day. The central bank sees a ``strong possibility'' of an interest-rate cut next week, Deputy Governor Hartadi Sarwono said, spurring speculation lower borrowing costs will help boost economic growth.
Read more at Bloomberg Currencies News
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