Rupiah nears three-year low on outflow of foreign funds
The Jakarta Post
The Indonesian currency continued to face pressure on Tuesday, falling near a three-year low, due to a surge in demand for US dollars for year-end payments and an increase in foreign fund outflows from the local equity market.
The rupiah weakened 0.4 percent to 9,665 per dollar as of 5:22 p.m. on Tuesday, prices from local banks compiled by Bloomberg showed. The currency touched 9,733 on Mo...
- Anies wins in South Jakarta and East Jakarta: KPU
- 459 tons equipment brought along on Saudi Arabia's King's visit to Indonesia
- Indonesian hard-liners again turn up heat on Ahmadis
- Jokowi meets Australian CEOs, shares confidence about Indonesia's economy
- Official Jakarta election results to be announced Sunday
- Iraq hopes to reclaim heritage lost to Islamic State group
- Obama returns to Broadway to see Arthur Miller's 'The Price'
- Jokowi arrives in Sydney
- Plan to execute death row inmates still on: AGO
- Jokowi warns investment board to keep rivalry mindset, speed