Indonesia's Economy: Rupiah Down 5%, but Fundamentals Remain Strong, Says Government
Economy

Indonesia's Economy: Rupiah Down 5%, but Fundamentals Remain Strong, Says Government

Indonesia's Coordinating Minister for the Economy stated that despite a roughly 5% depreciation of the Rupiah, the macroeconomic conditions are better than during past crises, with economic fundamentals remaining strong. A meeting with the President involved sharing experiences from past economic crises.

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