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Industries Impacted by the Rising Dollar Exchange Rate

Monday, June 24, 2024

The rising exchange rate of the US dollar is causing business problems. Hedging efforts are of little help when the rupiah is very weak.

arsip tempo : 173484435111.

The packaging process of medicines at Dankos Farma, a Kalbe group company, Jakarta, September 2018. TEMPO/Amston Probel . tempo : 173484435111.

HOSPITALS in Indonesia are facing a new problem. The weak rupiah exchange rate against the dollar, which continues to strengthen, is expected to drive up the prices of medicines and operational costs of medical equipment. Consequently, hospitals are confronted with a choice: increasing tariffs that may lead to patient protests or absorbing losses due to the increasingly expensive dollar.

Even so, hospital management cannot just increase the

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