Rupiah has been reported as the second worst performing countries during the first three quarters of 2015. But during the fourth quarter, the currency has around apparently due to the country’s cautious monetary policy. Bank Indonesia has announced cutting benchmark interest rate to 7.25% on Thursday and consequently Rupiah has appreciated some more value.
Breaking News
Indonesian stocks fall to a four-month low after the rupiah suffers a setback, falling to its lowest level in three years.
Subscribe to VCpost newsletter
Most Popular
- SSDI Payment April 2024: Who Will Receive Social Security Benefits Today?
- Tesla Spends $200,000 in Promoting Elon Musk's Social Media Platform X Following Mention of 'Minimal Advertising Efforts'
- Trump Media’s First Auditor Quits After Just a Few Months on the Job: Report
- UPDATE: Google Employees Arrested and Fired After Staging Protests Over Company's Project Nimbus Deal With Israel
- US Plans to Lift Tariff Exceptions to Dominant Chinese Solar Panel Imports as Biden Accuses Beijing of 'Cheating' on Its Steel Trade Pactices
- Social Security Benefits: 2025 COLA Predicted to Increase Amid Rising Inflation
- Telegram Russian Founder Says Messaging App to Cross 1 Billion User Mark Soon as It Continues to Remain a 'Neutral Platform'
- Governors in 6 Southern States Warn Workers Against Joining UAW Union, Say Unionization Places Jobs in Jeopardy
