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.
Original Source
Read the full article at Asiatimes →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.