Indonesia's trade surplus shrank more than expected in July to $1.31 billion, as imports contracted less than predicted, data from the statistics bureau showed on Tuesday.
A Reuters poll of economists had expected a July surplus of $2.53 billion. Trade surplus in the previous month was $3.46 billion.
"A still healthy run-rate for the trade surplus to date, bodes well for external balances, by extension being supportive of the rupiah, at a time when global uncertainties are weighing on the currency," Radhika Rao, an economist with DBS Bank said.
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