Wednesday, March 26, 2025

Rupiah drops to multiyear low ahead of Trump's tariffs, domestic uncertainty

Rupiah drops to multiyear low ahead of Trump's tariffs, domestic uncertainty

The national currency temporary hit its lowest rate since the 1998 Asian Financial before inching back up to Rp 16,580 per dollar on Tuesday evening, the depreciating trend caused by investors jittery about the incoming US tariffs and geopolitical uncertainty, as well as domestic pressures




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