maaf email atau password anda salah

Other Tempo Media
Majalah Tempo
Koran Tempo
Tempo.co
Subscribe

Rupiah’s Costly Protection Could Go to Waste

Monday, October 30, 2023

The market’s pressure on the rupiah is simply too strong to bear. The cost of defending it might be wasted.

arsip tempo : 171431058012.

Rupiah’s Costly Protection Could Go to Waste. TEMPO/Imam Yunianto. tempo : 171431058012.

THE rupiah continues to decline. Last month, it depreciated by 3.1 percent against the United States dollar, and it may continue depreciating. The latest data on the United States’ economy, which was released last Thursday, can push the rupiah even lower.

That data is the rapid growth rate of the US economy, which was 4.9 percent in Q3 2023. The US economy proved to be resistant to high interest rates and it maintained high growt

...

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.

Yopie Hidayat

Bank Indonesia Indonesia Rupiah weekly economic review The United States
Prev Next

More Articles

More exclusive contents

  • April 22, 2024

  • April 15, 2024

  • April 4, 2024

  • April 1, 2024

Independent journalism needs public support. By subscribing to Tempo, you will contribute to our ongoing efforts to produce accurate, in-depth and reliable information. We believe that you and everyone else can make all the right decisions if you receive correct and complete information. For this reason, since its establishment on March 6, 1971, Tempo has been and will always be committed to hard-hitting investigative journalism. For the public and the Republic.

Login Subscribe