Two Safety Buoys Supporting the Rupiah

Monday, January 27, 2025

The government launched an austerity program and tightened its grip on foreign exchange movements. Effective implementation will be key.

arsip tempo : 173991603154.

Ilustrasi: Tempo/Alvin Siregar. tempo : 173991603154.

RELIEF has finally arrived for the rupiah. Two recent government decisions have the potential to bolster positive sentiment toward Indonesia. These measures come at a crucial time as global financial markets remain volatile, and emerging market currencies, including the rupiah, face sharp declines. Early signs of a positive market reaction emerged late last week, with the rupiah strengthening to around Rp16,150 per United States dollar, comp

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