BUSINESSJun 4 · 04:42 UTCASIA TIMESRonny P Sasmita

Indonesia’s rupiah rout is not just about the dollar

Indonesia’s rupiah fell to record lows in April and May 2026, nearing 18,000 against the US dollar, evoking painful memories of the 1997–1998 Asian financial crisis. The currency’s depreciation has raised concerns about economic stability.

Nexus surfaces and summarizes. The full story lives at the source.

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IndonesiaplacerupiahtopicUS dollartopic1997–1998 Asian financial crisistopicAsia Timesorganization

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