Despite BI's interest rate hike, the rupiah remains stuck above Rp 17,700 per US dollar.
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Despite BI's interest rate hike, the rupiah remains stuck above Rp 17,700 per US dollar.
JAKARTA, KOMPAS – The rupiah exchange rate remains depressed above Rp 17,000 per US dollar. This despite monetary policy being aimed at maintaining exchange rate stability, ranging from market interventions to increases in the benchmark interest rate (BI rate) by Bank Indonesia. Citing data from th»»»
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