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Why has the Indonesian rupiah hit a record low despite dollar weakness?
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Explainer-Why has the Indonesian rupiah hit a record low despite dollar weakness?
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#VantageOnFirstpost: Indonesia's Currency Hits Record Low After President's Nephew Appointment Indonesia’s rupiah has fallen to a record low, nearing 17,000 to the US dollar, even as the dollar itself has been sliding. The drop is being linked to weakening investor confidence driven by global uncertainty and domestic concerns. Foreign investors have sold Indonesian government bonds, with $6.4 billion sold in 2025, which has added pressure to the currency. Indonesia’s 2025 budget deficit was arou
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