Indonesian Government Monitoring Fallout of Silicon Valley Bank Collapse

N/A • 16 March 2023 01:47

The collapse of the 16th largest bank in The US, Silicon Valley Bank, has rocked the global financial market and pushedgovernmentss to heighten caution. 

Indonesia's Minister of Finance said, that The Indonesian government will continue to monitor the situation, as she admitted that the SVB's collapse has raised fear levels in the markets and could have a contagion effect.

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(M. Khadafi)