Indonesia intervenes as rupiah falls to Asian crisis lows
- On March 25, 2025, the Indonesian rupiah fell to its lowest level since June 1998, reaching 16,640 rupiah per dollar amid political and fiscal concerns.
- Bank Indonesia intervened in currency and bond markets to stabilize the rupiah amid concerns about fiscal health and global uncertainties, according to Fitra Jusdiman.
- Concerns over Indonesia's fiscal health and economic growth have led to a decline in the rupiah, impacting investor confidence, as noted by analysts.
- Indonesian businesses have tightened material imports in response to the weak rupiah, as stated by Shinta Kamdani, Chairwoman of the Indonesian employers association.
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Total News Sources16
Leaning Left1Leaning Right2Center5Last UpdatedBias Distribution63% Center
Bias Distribution
- 63% of the sources are Center
63% Center
13%
C 63%
R 25%
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