The rupiah almost touched Rp15,000 against the US Dollar, it was traded at Rp14,990 on Tuesday (July 5). While the dollar index was sharply higher, rising more than 1% to 106.5 on Tuesday, a level not seen since November of 2002, as pessimism returned due to fears of a recession, especially in Europe, as well as stronger expectations for a more aggressive Fed stance. To subscribe please click here
