On Wednesday (May 25) the Rupiah weakened to Rp13,671 against the U.S. dollar from Rp13,606 in the previous day amid growing speculation about a sooner-than-expected interest rate hike in the U.S.A. as well as sliding oil prices. After the release of the Federal Reserve’s April policy minutes, investors and analysts have become increasingly aware that another interest rate hike may come earlier than expected.

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