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Academia 1 month ago
PREMIUM
Dollar blind spot could deepen Indonesia's currency crisis
Rather than attempt to downplay the rupiah's slide through well-meaning but ultimately misleading political statements that inevitably dismiss the plight of rural communities, realpolitik based on honesty backed by data is the best policy approach.
Academia 1 month ago
PREMIUM
The rupiah’s long decline and Indonesia’s structural imbalances
The rupiah's persistent depreciation is a structural consequence of over-reliance on volatile capital inflows to finance a chronic current account deficit, persistent saving–investment imbalances, lasting fiscal deficit and a narrow, commodity-dependent export base.
Regulations 1 month ago
PREMIUM
Purbaya shrugs off Chinese concerns over permit mess
The China Chamber of Commerce in Indonesia (CCCI) previously sent a letter to President Prabowo Subianto, detailing a range of complaints, from the mandatory retention of foreign exchange earnings (DHE) onshore to a recent crackdown on immigration.
