Rupiah Drops to Four-Year Low as Investors Eye BI Rate Decision

BI Governor Perry Warjiyo emphasized that the rate of rupiah depreciation remains comparatively low when compared to several other currencies.

Bisnis, JAKARTA - The rupiah exchange rate has recently reached its lowest position since April 2020, a period coinciding with the onset of the Covid-19 pandemic. The exchange rate is now approaching the level of IDR 16,500.

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