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Ahead of the 80th anniversary of Indonesia's independence, a video surfaced in posts alongside false claims it showed a new ...
The rupiah’s plunge mirrors the collapse of the currency in 1998, which led to a financial crisis that helped bring about the end of three decades of authoritarian rule by President Soeharto.
The rupiah was flat at 16,580 per U.S. dollar at 0645 GMT, hovering near the all-time low of 16,800 touched in June 1998, during the Asian Financial Crisis and just after the fall of Indonesia's ...
The Indonesian rupiah erased its early losses after the central bank intervened in the foreign-exchange market and pledged to boldly guard the currency. “We will guard the rupiah boldly to build ...
Indonesia takes currency, market measures after rupiah and shares fall. ... The rupiah , however, extended losses, falling by as much as 0.7%, despite Bank Indonesia's intervention.
THE Indonesian rupiah declined to its weakest level since the Asian Financial Crisis as fears mounted over the nation’s fiscal trajectory, putting pressure on the central bank to step up efforts ...
Why Indonesia’s sinking rupiah is a flashing alarm for its $1.4tn economy. Indonesia’s currency is at a record low against the US dollar amid concerns over President Prabowo Subianto’s policies.
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