Rupiah Slips Back to Rp18,000 Against US Dollar Amid Fed Rate Hike Fears
Economy

Rupiah Slips Back to Rp18,000 Against US Dollar Amid Fed Rate Hike Fears

The Indonesian Rupiah has once again fallen below the Rp18,000 mark against the US Dollar. Expectations of a US Federal Reserve interest rate hike and rising US bond yields are seen as the primary drivers of the Rupiah's depreciation.

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