Rupiah Faces Downward Pressure Following Fed's Hawkish Stance
Economy

Rupiah Faces Downward Pressure Following Fed's Hawkish Stance

The Indonesian Rupiah is facing downward pressure due to the US Federal Reserve's interest rate hike and its continued hawkish stance. Experts predict the Rupiah will trade between Rp17,700 and Rp17,850 per US dollar, influenced by the Fed's inflation-fighting policies and geopolitical factors affecting oil prices.

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