Indonesia's Debt Ranking Rises Tuesday, 09 May, 2006 | 15:35 WIB TEMPO Interactive, Jakarta: Moody's Investors Service believes Indonesia's economic performance this year is becoming better. That is why this international rating organization will raise Indonesia's foreign debt ranking next week. According to a Moody's analyst, Steven Hess, the Indonesian government's debt ranking rises one level from Caa (almost unable to repay debt) up to B1 (high risk).

Govt forecasts sees weaker rupiah next year Rendi Akhmad Witular, The Jakarta Post, Jakarta The government, while expecting a higher inflow of investment and export revenues, remains conservative in predicting the exchange rate of the rupiah to the greenback next year. After a Cabinet meeting Monday, it projected the rupiah would average Rp 9,200 per dollar for the 2007 state budget, lower than the 9,000 estimated for this year.