BusinessPhoto: News18Hi BusinessIndonesia Rupiah Falls Near 18,000 Against Dollar Amid Crisis
Indonesia's currency, the rupiah, has weakened to around 18,000 against the US dollar. The stock market is experiencing heavy declines, foreign investors are selling off assets, and rising oil prices have worsened the country's economic challenges. These conditions have revived memories of the 1998 financial crisis when currency collapse led to high inflation and severe economic impact. Current developments raise concerns about a repeat of that crisis.
News18Hi Business·


