the rupiah exchange rate - Kompas.id

the rupiah exchange rate

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Mitigating the Fall of Rupiah, BI Aggressively Raises Interest

The increase in the Fed's interest rates and the increasing uncertainty in the global economy have encouraged the strengthening of the US dollar against other currencies.

Raising Interest Rates, BI Steps on the Brakes Early

Bank Indonesia has decided to raise interest rates early as a preemptive measure to cope with inflation in the event of an increase in fuel and food prices.

Beware of US Inflation Spike

The weakening of the rupiah against the US dollar, will be followed by an increase in domestic prices because 60 percent of industrial raw materials still rely on imports.

Diversification of Raw Materials Needed Amid Soaring Prices

Due to uncertainties in the global economy, prices of almost all raw material commodities have increased. The fall in the rupiah exchange and the world inflation surge have only worsened the situation.

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