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Slumping rupiah makes Indonesia irresistible for Malaysian tourists, shoppers
Indonesia's weak rupiah is boosting its appeal for Malaysian tourists and shoppers, with visitor numbers expected to rise. Melaka Tourism Association president Madelina Quah highlighted cheaper travel and shopping opportunities due to the currency's low value.
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Adjacent reporting
- Indonesia Rupiah Falls Most in Seven Months on Rising Oil Prices
- Indonesia’s rupiah rout is not just about the dollar
- India Rupee Climbs on Oil Relief, Central Bank Valuation Comment
- Indonesia’s rupiah falls to record low against US dollar
- Indonesia's trade surplus hits lowest level in six years as rupiah slides
- Indonesian Officials Vow Again to Stabilize Rupiah, Draw Inflows