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JAKARTA]The US’ plan to impose a 32 per cent import tariff on Indonesian goods threatens to upend South-east Asia’s largest economy by disrupting its trade balance, weakening the rupiah and clouding ...
The rupiah fell as much as 0.5 per cent to briefly ... Indonesia has eaten into its own roughly $154bn reserves pile by about $1.5bn to fund interventions in the first two months of this year ...
(Bloomberg) -- The Indonesian rupiah pared losses after the country’s central bank intervened to prop up the currency from its weakest level since the Asian financial crisis. The rupiah fell 0.5 ...
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 rupiah has already hit historic lows, despite central bank intervention. Sign up here. While Indonesian authorities and some economists said the tariffs might have limited impact on the ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Indonesia’s central bank has intervened “boldly” in the foreign exchange market as the rupiah hovers ...