The Rupiah's Mirror On The Wall

The rupiah has an annoying trait when it comes to moves in the market. Once negative sentiments drives down its value, a recovery seems almost impossible, even with a tail wind blowing.

For instance, in the first half of last week, the pressure on the rupiah was so strong, it dropped from Rp13,317 per US dollar on Friday the previous week to Rp13,367 per US dollar five days later. Two bad omens haunted the rupiah: The Federal Reserve's interest r

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