The rupiah further weakened to Rp13,541 against the US dollar on Friday last week (Aug. 7), the lowest in the past 17 years since the Asian financial crisis in 1997-1998. The Rupiah would further depreciate should the US dollar’s bullish momentum persists, supported by the US nonfarm payrolls which is expected to improve at a steady pace, and the expected US interest rate hike.To subscribe please click here