Record low rupiah weighs on Indonesians as costs rise, imports slow

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Indonesia’s rupiah hit a record low against the US dollar earlier this week, even as other regional currencies have strengthened. Experts point to domestic concerns weighing down the rupiah, including waning confidence in policy making and central bank independence. SINGAPORE: Indonesian logistics entrepreneur Ilham Mualif is facing some big business changes.  The 52-year-old, whose firm handles German, Korean and Chinese imports of vehicle parts, has seen his profits shrink as foreign imports

Record low rupiah weighs on Indonesians as costs rise, imports slow https://www.channelnewsasia.com/ - 23.01.2026 07:30
Record low rupiah weighs on Indonesians as costs rise, imports slow https://www.channelnewsasia.com - 23.01.2026 07:30

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Record low rupiah weighs on Indonesians as costs rise, imports slow https://www.channelnewsasia.com/ - 23.01.2026 07:30
Record low rupiah weighs on Indonesians as costs rise, imports slow https://www.channelnewsasia.com - 23.01.2026 07:30