Institute for Research on Economics and Society – Faculty of Economics and Business – University of Indonesia

rupiah depreciation

Special Report: Rupiah Depreciation, Should You Panic?

The Rupiah exchange rate reached its lowest level or around IDR16.240 (as of 17 April 2024) in the last four years. This condition certainly causes concern for financial markets. There are several factors that can explain the depreciation of the Rupiah. From the external side, the increasing recovery of the United States economy along with the heated geopolitical situation has caused the Rupiah to weaken. These two conditions further amplify the strengthening […]