Rupiah Tops Rp18,000 per Dollar, Minister Rejects 1998 Echo
The government is preparing closer fiscal-monetary coordination to attract inflows and preserve banking liquidity.
Republika, Antara News
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6 stories on this subject
Rupiah hits record low of Rp18.050 per dollar, import pressure rises
Higher import costs could lift prices of food, electronics and energy, while the government speeds domestic oil output plans.
Series: Indonesia · Rupiah Record Low · 2 chapters since Jun 3Rupiah breaches 18,015 per dollar as IHSG falls 3.04%
The weak currency is expected to strain import-dependent industries, from pharmaceuticals to automotive, by raising input costs.
Series: Indonesia · Rupiah Depreciation · 2 chapters since Jun 4Purbaya: Foreign inflows hit Rp32.8 trillion as rupiah draws focus
In Q2, foreign inflows reached Rp60.9 trillion, led by Rp99.9 trillion in SRBI, even as stocks saw outflows.
Republika, Bloomberg
Rupiah hits Rp 18.015 per dollar as DPR urges quick action
The weakening currency is already hitting real businesses, with West Java tour bus operators cutting fleets as imported parts get more expensive.
Earlier: Rupiah hits Rp18.000 per dollar, dairy industry squeezes costsSeries: Indonesia · Rupiah Slide · 5 chapters since Jun 4Rupiah closes at Rp18.049 per dollar as RI stocks fall nearly 4%
DPR passed a revision expanding Bank Indonesia's mandate and oversight, stoking market concerns over central bank independence.
Antara News, CNBC Indonesia +1