Rupiah was traded at Rp16,815 per US dollar this morning, lost more than 3% year-on-year. It is not the worst because India’s Rupee already lost 4.7%, while Vietnam’s Dong down 3.5%. Rupiah is now weaker than the government’s assumption when designed the 2026 State Budget (Rp16,500 per USD). To subscribe please click here

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