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Korea and Indonesia ramp up currency defense amid high energy costs and Fed rate bets
South Korea and Indonesia are ramping up currency defense as the rupiah hits record lows and the won nears 2009 levels amid soaring energy costs and Fed
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channelnewsasia.com
Indonesian rupiah falls to record low against US dollar
JAKARTA: Indonesia's rupiah hit its weakest level ever against the dollar on Thursday (Jun 4), breaching the psychological 18,000 threshold amid concerns about the country's…
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aljazeera.com
Indonesia’s rupiah falls to record low against US dollar
Currency plunge comes as energy shock from the Iran war casts a cloud over Southeast Asian economies.
