JAKARTA -- The Indonesian rupiah has fallen to its lowest level against the U.S. dollar in over a quarter century, reaching 16,640 on Tuesday, a level not seen since the Asian Financial Crisis of 1998.
Central bank to continue intervening in market to maintain investor confidence
The Indonesian rupiah has steadily weakened throughout 2025, ranking among the worst-performing emerging market currencies this year. © Reuters
JAKARTA -- The Indonesian rupiah has fallen to its lowest level against the U.S. dollar in over a quarter century, reaching 16,640 on Tuesday, a level not seen since the Asian Financial Crisis of 1998.