(Bloomberg) -- Indonesia’s rupiah strengthened past the key threshold of 16,000 per dollar following a weakening in the greenback and officials’ earlier moves to soothe investor angst over the ...
The decision to cut rate inevitably put pressure on the rupiah, which will be on the backfoot now," said Lloyd Chan, currency analyst at MUFG Bank. "Gradual tariff hikes by the incoming Trump ...
Indonesia's central bank said the rupiah's fall against U.S. dollar was still under control, after the currency slid to its weakest level in more than six months on Thursday following a surprise cut ...