Channel NewsAsia
AsiaPac · 26 mins ago
✦ 75◉ Centre
Why is the Indonesian rupiah falling, and could confidence be cracking?
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Quality 75/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline
The Indonesian rupiah is experiencing weakness amid market volatility, though analysts argue the current situation is substantially different from the 1998 Asian Financial Crisis when the currency collapsed.
Why is the Indonesian rupiah falling, and could confidence be cracking?
Despite the market volatility, analysts insist the current situation bears little resemblance to the 1998 Asian Financial Crisis, when the rupiah collapsed.
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