Strong US Dollar Rattles Global Markets
Global market turmoil continues to shake currencies worldwide. No one knows how long the rupiah can hold on.
Yopie Hidayat
April 15, 2024
FINANCIAL market investors will not be able to enjoy this year’s Idul Fitri (end of the fasting month) festivities in peace of mind. There is mounting anxiety as significant turbulence sweeps through the global markets. Its effects have been felt in Indonesia.
The primary reason for this turmoil is the strengthening United States dollar, which is gaining ground relentlessly. The currencies of both developing and advanced economies are
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