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Why the Rupiah is Weakening
Capital outflows, policy concerns and higher energy import costs are pressuring the currency, while Bank Indonesia says it has more than $150 billion in reserves.
Summary by The Diplomat
2 Articles
2 Articles
Rupiah rout stoking fears of a 1997 repeat in Indonesia
TOKYO – Indonesian officials are working overtime to dismiss any suggestion that Jakarta is catching a whiff of 1997 in the air. But the force of their interventions to steady the rupiah tells a very different story. Bank Indonesia is hemorrhaging currency reserves to put a floor under the rupiah, which recently fell to an all-time […] The post Rupiah rout stoking fears of a 1997 repeat in Indonesia appeared first on Asia Times.
·Hong Kong
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Coverage Details
Total News Sources2
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
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