The Declining Trade Surplus Endangers External Economic Stability
Monday, March 25, 2024
The declining trade surplus is the culprit of the rupiah’s weakening recently. Partly, it is the fruit of the government’s own doing.
arsip tempo : 171420086235.
INDONESIA has had a cushion to maintain external economic stability: a trade surplus for 46 consecutive months, since April 2020. However, this cushion is diminishing. Indonesia’s external stability could be compromised. For ordinary people on the street, the visible impact of this phenomenon is the weakening of the rupiah exchange rate.
When the trade balance records a surplus, it means our export revenue exceeds import expendit
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