HEADLINE-MARKETS | Fed, geopolitics may push rupiah to historic low

A clerk arranges US dollar bills at a foreign currency exchange outlet in Jakarta in March 2020. (Antara/Indrianto Eko Suwarso)

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The rupiah has been on a downward slope in the past week amid uncertainty about US monetary policy and geopolitical conflicts. Analysts do not rule out a historic low for Indonesia’s currency.

 

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This article was published in thejakartapost.com with the title “”. Click to read: https://www.thejakartapost.com/business/2024/04/18/fed-geopolitics-may-push-rupiah-to-historic-low.html.

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Deni Ghifari (The Jakarta Post) PREMIUM
Jakarta
Thu, April 18, 2024

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