Despite the market volatility, analysts insist the current situation bears little resemblance to the 1998 Asian Financial Crisis, when the rupiah collapsed.

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

Ekonom menilai, kondisi pelemahan rupiah saat ini berbeda dibanding krisis moneter 1998 yang terjadi pada masa reformasi.