Market Pulse: Potential Market Correction

RUPIAH faced turbulence two weeks ago. Market players attributed this to the planned year-end US dollar rate hike, and the down-trending rupiah interest rate a few months ago. The currency, which in mid-October, was at Rp13,476 per US dollar, sharply weakened to Rp13,609 by month-end. In response, Bank Indonesia (BI) intervened and the rupiah bounced back to the Rp13,500 per US dollar level, within the Government's comfort zone. The cost of this e

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

• *You Save -Rp 102.000
• *Guaranteed update of up to 52 Editions of Tempo Magazine

Subscribe

Rp 64.380/Month

Active Every Month Cancel Anytime

• *Free for the first month if using a Credit Card

Subscribe

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.