Does the Rupiah's Depreciation Affect Rural Communities? President Prabowo's Perspective vs. Economic Reality
President Prabowo claims that the rupiah's depreciation does not affect rural communities as they do not use dollars. However, experts warn that the impact is inevitable through rising fuel and logistics costs.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Rupiah Hits Rp 17,600 Level, Finance Minister Purbaya Urges Calm
As the rupiah depreciates to Rp 17,600 against the US dollar, Finance Minister Purbaya Yudhi Sadewa urges public calm, citing a strong 5.6% Q1 economic growth and robust fiscal conditions.
- Strengthening Rupiah: House Commission XI Urges Optimization of Natural Resource Export Earnings (DHE SDA)
Puteri Komarudin of House Commission XI has urged Bank Indonesia to optimize natural resource export earnings (DHE SDA) to stabilize the Rupiah amid its depreciation to 17,666 per US dollar.
- PDIP Legislator: Rupiah Weakness Is Not Just a Result of Global Pressure
A PDIP legislator argues that the recent weakening of the rupiah is not solely due to global pressures, suggesting that domestic policy and economic structure play a significant role.
- The Rupiah Depreciation and the Impossible Trinity Dilemma: Reading Investor Panic Amid Global Uncertainty
As global economic uncertainty intensifies, the Indonesian Rupiah faces persistent depreciation. This report analyzes the limitations of Bank Indonesia's monetary policy through the lens of the 'Impossible Trinity' and examines investor panic and structural challenges for market stabilization.