Skip to content
Subscriber Only

Rupiah Drops to Weakest Level Since 2018 in Challenge to BI

  • Indonesian bonds over $4 billion of outflow so far this year
  • Rupiah may fall more if nation calls for full shut-down: Wu
Indonesian Rupiah, Indian Rupee And Filippino Peso As Gloom Lifting From Asia's Emerging Currencies After Rate Hikes
Photographer: Brent Lewin/Bloomberg
Updated on

Follow Bloomberg on LINE messenger for all the business news and analysis you need.

The Indonesian rupiah dropped to its weakest since the emerging market rout of 2018, as a sell-off in the nation’s bonds and stocks show little signs of abating with a worsening coronavirus pandemic.