Dossier
1997-98 Asian financial crisis
Coverage of 1997-98 Asian financial crisis in the Nexus archive.
- Rupiah’s collapse could trigger a political crisis for Prabowo
Indonesia's rupiah hit a record low of 18,155 per US dollar, triggering concerns about social stability and drawing comparisons to the 1997-98 Asian financial crisis. The currency's collapse has raised alarms about potential political consequences for Prabowo.