Asian Currency Crisis, Part Two?
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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