Indonesia Rupiah Hits New Record Low; President Downplays Day-to-Day Impact of Currency Weakness

Indonesian Rupiah Falls to New Low as Global Oil Prices Surge

The slump was accompanied by a 4 percent drop in Jakarta's main stock index, which is under close scrutiny from the global index provider MSCI.

Indonesia’s rupiah sinks to record low as Prabowo shrugs off rout fears

Critics reject claims that ordinary Indonesians will not suffer, pointing to a heavy dependence on imports for daily necessities.

Rupiah slumps to new low as high oil prices fuel inflation fears

The rupiah slumped to 13,804 to the Singapore dollar. Read more at straitstimes.com.

Indonesia Joins Global Selloff as Rupiah, Stocks and Bonds Fall

(Bloomberg) — The Indonesian rupiah hit a record low, stocks slid and bond yields surged as trading resumed after a two-day holiday, with local markets swept up in a global selloff fueled by inflation fears.

Indonesia rupiah hits new record low; president downplays day-to-day impact of currency weakness

JAKARTA: The Indonesian rupiah slid to a fresh record low on Monday (May 18) as stocks slumped and global oil prices hit two-week highs, while the president said the economy was strong and the currency's sl

Indonesian Rupiah hits record low vs USD as capital outflows mount