The currency may slide as far as 20,000 per dollar if the worst materializes and the economy contracts under the weight of the virus pandemic, according to Finance Minister Sri Mulyani Indrawati.
INDONESIA has just raised the stakes for rupiah traders.
The currency may slide as far as 20,000 per dollar if the worst materializes and the economy contracts under the weight of the virus pandemic, according to Finance Minister Sri Mulyani Indrawati.
That level is more than 15% weaker than the all-time low of 16,950 reached during the Asian financial crisis.
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