S&P affirms Indonesia

Standard & Poor's said it affirmed its BB+ long-term and B short-term sovereign credit ratings on the Republic of Indonesia.

The outlook remains stable.

At the same time, S&P affirmed its axBBB+ long-term and axA-2 short-term Asean regional scale ratings on Indonesia. S&P's transfer and convertibility risk assessment on Indonesia is unchanged at BBB-.

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