Indonesian Rupiah Hits All-Time Low, Business Sector Expresses Concern
Economy

Indonesian Rupiah Hits All-Time Low, Business Sector Expresses Concern

The Indonesian Rupiah hit a historic low of 17,612 against the US Dollar on May 15, 2026. Driven by geopolitical tensions between the US and Iran and rising global oil prices, business leaders warn of prolonged instability.

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