Indonesia:worried about asset bubbles but no such risk now

JAKARTA | Mon Nov 23, 2009 3:26am EST

JAKARTA Nov 23 (Reuters) - Indonesia's domestic asset prices are not yet overvalued, the head of the capital markets watchdog, Bapepam, said on Monday.

Fuad Rahmany, however, also told reporters that while the authorities are concerned about possible asset bubbles, there was no risk for now. (Reporting by Sonya Angraini, Editing by Sara Webb) (ga.arka@thomsonreuters.com; Reuters Messaging: ga.arka.reuters.com@reuters.net; +62 21 384 6364 ext 911)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com))

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