Rupiah’s Rough Ride: Indonesia’s Currency Hits All-Time Low Amid Fiscal Fears

Unknown Apr 02, 2026 550 Views

The Indonesian rupiah (IDR) has dropped to a record low of 16,850 against the U.S. dollar, its weakest since the 1998 Asian Financial Crisis. This fall is a result of a mix of local fiscal issues and global economic concerns, sending shivers of investor doubts into the largest economy in Southeas...