The decline in the currency led the central bank to intervene, stabilising the rupiah and restoring confidence.

JAKARTA -- The Indonesian rupiah fell on Tuesday to its lowest level against the U.S. dollar since the 1998 Asian financial crisis, exceeding its depreciation during the COVID-19 pandemic.

(Bloomberg) -- The Indonesian rupiah pared losses after the country’s central bank intervened to prop up the currency from its weakest level since the Asian financial crisis. The rupiah fell 0.5 ...

[MUMBAI] Analysts see Indonesia’s rupiah declining to a record low in the short term ... if US President Donald Trump delivers a tariff shock in April, he said. Indonesian policymakers are no ...

The rupiah was flat at 16,580 per U.S. dollar ... up 3.5% on Wednesday ahead of a long holiday. Indonesian markets are closed from Friday till April 7. Investor confidence in Indonesia has been ...

JAKARTA, March 26 (Reuters) - The Indonesian central bank said it is ready to intervene to stabilise the rupiah, which on Wednesday stayed close to its lowest levels since 1998 even as officials ...

(Bloomberg) -- Analysts see Indonesia’s rupiah declining to a record low ... Donald Trump delivers a tariff shock in April, he said. Indonesian policymakers are no strangers to stepping into ...

The Indonesian rupiah pared losses after the country’s central bank intervened to prop up the currency from its weakest level ...