Asian Currency Crisis, Part Two?

Probably not. But political uncertainty is hitting hard

As he watches his nation's currency weaken by the day, Indonesia's acting central bank chief Anwar Nasution can't help feel a sense of deja vu. The rupiah is down 25% since January, making it the world's worst-performing currency, and plumbing levels unseen since the crisis of 1997-98. "A weak rupiah is like a monster," he says. "We have to tame it."

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