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1. • • In Indonesia, some have cheered while others' pockets have been hit as the rupiah sank to a four-year low last week against the US dollar as the market reopened after 10 days of Idul Fitri holidays. It weakened to 16,200 per US dollar, prompting intervention by Indonesia’s central bank to support the currency.
     www.channelnewsasia.com › asia › indonesia-rupiah-us-dollar-exchange-rate-weaken-currency-impact-4277841

     Indonesia reassures citizens as rupiah weakens to 4-year low ...

2. People also ask

   What happened to Indonesia's rupiah?

   • It weakened to 16,200 per US dollar, prompting intervention by Indonesia’s central bank to support the currency. On Friday (Apr 19), the rupiah was 16,257 against the dollar, according to Bank Indonesia. It is not alone – many Asian currencies have tumbled against the US dollar this year.

   Indonesia reassures citizens as rupiah weakens to 4-year low ... - CNA

   www.channelnewsasia.com/asia/indonesia-rupiah-us-dollar-exchange-rate-weaken-currency-impact-4277841

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   Will Indonesia's rupiah fall to 16500 per dollar?

   • The currency may fall toward 16,500 per dollar. The rupiah is closing in on a pandemic-era low, putting pressure on Indonesia’s central bank to raise interest rates to support the beleaguered currency.

   Weak Rupiah Builds Case for Bank Indonesia to Resume Rate Hike

   www.bloomberg.com/news/articles/2024-04-22/weak-rupiah-builds-case-for-bank-indonesia-to-resume-rate-hike

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   Is the rupiah still a problem in Indonesia?

   • Bank Indonesia’s Susianto is optimistic that the pressure on the rupiah remains manageable and temporary, especially as exporters continue to supply enough foreign exchange into the market. The central bank also is also ready to intervene in the bond market depending on developments, he said.

   Indonesia Rupiah (IDR/USD) Dips to Four-Year Low as Dollar Strengthens

   www.bloomberg.com/news/articles/2024-04-02/rupiah-dips-to-four-year-low-on-bond-outflows-dollar-strength

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   Why did the Indonesian rupiah hit a four-year low?

   • JAKARTA -- The Indonesian rupiah hit a four-year low on Tuesday, as the dollar continues to rally, in the wake of higher-than-expected inflation data and concerns over presidential election disputes. Indonesian markets reopened following the Eid al-Fitr festival, which marks the end of Ramadan.

   Rupiah hits 4-year low as Indonesia reopens after holiday

   asia.nikkei.com/Business/Markets/Currencies/Rupiah-hits-4-year-low-as-Indonesia-reopens-after-holiday

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3. capital.com › indonesian-rupiah-forecast-idr-inflationIndonesian Rupiah Forecast | Will The Indonesian Rupiah Get ...

   capital.com › indonesian-rupiah-forecast-idr-inflation

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   Dec 21, 2022 · Has the Indonesian rupiah been going up or down? The IDR has stabilised against the US dollar as the dollar has weakened on prospects of a less hawkish approach to monetary policy, while the IDR has continued to trend lower against the euro.

4. www.bloomberg.com › news › articlesIndonesian Rupiah Eyes Weak Reopen in Test for Central Bank

   www.bloomberg.com › news › articles

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   Apr 16, 2024 · Indonesia’s rupiah looks poised to weaken through the closely watched 16,000-per-dollar level when markets reopen on Tuesday, putting pressure on the central bank to step up intervention. The...

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6. www.reuters.com › markets › asiaIndonesia's plunging rupiah twists the policy plot | Reuters

   www.reuters.com › markets › asia

   Apr 17, 2024 · SINGAPORE/JAKARTA, April 17 (Reuters) - Indonesia's economy was primed for monetary easing later this year, but an unwelcome plunge in its currency is complicating matters for Bank Indonesia...

7. www.channelnewsasia.com › asia › indonesia-rupiah-usIndonesia reassures citizens as rupiah weakens to 4-year low ...

   www.channelnewsasia.com › asia › indonesia-rupiah-us

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   Apr 22, 2024 · The rupiah is among Asian currencies that have weakened against the US dollar this year. It’s a double-edged sword for workers, and industries that import raw materials will be hit, economists...

8. www.bloomberg.com › news › articlesWeak Rupiah Builds Case for Bank Indonesia to Resume Rate Hike

   www.bloomberg.com › news › articles

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   Apr 22, 2024 · The rupiah is closing in on a pandemic-era low, putting pressure on Indonesia’s central bank to raise interest rates to support the beleaguered currency. The currency, which breached the key...

9. asia.nikkei.com › Business › MarketsRupiah hits 4-year low as Indonesia reopens after holiday

   asia.nikkei.com › Business › Markets

   Apr 16, 2024 · The rupiah's spot rate touched 16,200 to the dollar at 9:30 a.m. local time, falling past the 15,965 mark recorded on Oct. 23, 2023 and reaching its lowest point since April 9, 2020. JAKARTA --...

10. www.bloomberg.com › news › articlesIndonesia Rupiah (IDR/USD) Dips to Four-Year Low as Dollar ...

    www.bloomberg.com › news › articles

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    Apr 2, 2024 · April 1, 2024 at 7:11 PM PDT. Updated on. April 2, 2024 at 2:21 AM PDT. Listen. 4:06. Bank Indonesia intervened in the currency market to steady the rupiah after it fell to a four-year low amid...