Rupiah hits Rp18.000 per dollar, dairy industry squeezes costs
Import costs for milk inputs have risen 17%-35%, while producers are holding retail prices amid still-weak purchasing power.
Indonesia · Rupiah Slide
3 chapters in this series
IHSG closes down 4.2% at 5,594.77 at week’s end
The rupiah settled at Rp18.049 per U.S. dollar as markets tracked the APBN deficit and talk of an emergency BI meeting.
Antara News, Republika
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.