The slump was accompanied by a 4 percent drop in Jakarta’s main stock index, which is under close scrutiny from the global index provider MSCI.

JAKARTA, May 18 : The Indonesian rupiah slid to a fresh record low on Monday as stocks slumped and global oil prices hit two-week highs, while the president said the economy was…

The rupiah slumped to 13,804 to the Singapore dollar. Read more at straitstimes.com. Read more at straitstimes.com.