BUSINESSASIA TIMES
Bank Indonesia drama shows why rupiah is plunging
President Prabowo Subianto has overseen Indonesia’s worst financial turmoil since the 1997 crisis, with the rupiah plunging amid policy shifts. The article links the economic downturn to Prabowo’s return to past economic strategies.
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Adjacent reporting
- Indonesian policies draw scrutiny amid economic woes
- Rupiah’s collapse could trigger a political crisis for Prabowo
- Indonesian Officials Vow Again to Stabilize Rupiah, Draw Inflows
- Indonesia’s rupiah rebounds but rate rises threaten middle class
- Indonesia’s Rupiah Slides to Record, Stocks Tumble With Bonds