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Indonesian Rupiah Hits Record Low on Mideast Tensions
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Indonesian Rupiah Hits Record Low on Mideast Tensions
Indonesia’s Rupiah Slides Amid Middle East Tensions Jakarta, Indonesia – The Indonesian Rupiah (IDR) weakened significantly against the US dollar today, pressured by escalating tensions in the Middle East. The currency reached its lowest intraday point, prompting concern among economists. Cause: Increased geopolitical uncertainty stemming from conflict in the Middle East. Impact: IDR experiencing downward pressure against the USD. Response: Ban…
The rupiah exchange rate against the United States (US) dollar weakened at the start of trading on Monday (September 3), reaching Rp 17,000 per US dollar. The rupiah exchange rate...
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