Rupiah's Dip Past Rp18,000 Unlikely to Affect Debt Payments, Finance Minister Assures
Economy

Rupiah's Dip Past Rp18,000 Unlikely to Affect Debt Payments, Finance Minister Assures

Indonesian Finance Minister Purbaya Yudhi Sadewa stated that the rupiah's depreciation past Rp18,000 per US dollar will not disrupt the government's debt repayment capabilities. While fixed-rate government debt is largely unaffected, interest payments on foreign currency-denominated debt will see an impact.

This article requires PRO

This article is outside the free access window or is a special report. PRO unlocks it and the full archive.