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indonesia-flagJAKARTA: Indonesia's government sees a current account deficit at around 2.2-2.5 percent of gross domestic product at the end of 2012, Finance Minister Agus Martowardojo said on Thursday.

 

Southeast Asia's biggest economy has seen weaker demand for its exports in recent months, leading to a current account deficit of $6.94 billion in the second quarter.

 

The imbalances have led investors to pressure the rupiah, to make it Asia's worst performing emerging market currency this year.

 

"But we estimate, with all effort, the current account will be maintained below 3 percent," Martowardojo told reporters.

 

Copyright Reuters, 2012

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