Commentary: Weak rupiah could benefit Indonesia in Trump’s trade war
Donald Trump
The rupiah had been sliding even before Trump's latest round of tariffs – but the country and the rest of Southeast Asia remain resilient in the longer-term, says UOB economist Enrico Tanuwidjaja. SINGAPORE: Southeast Asian currencies have staged a remarkable rebound since United States President Donald Trump announced sweeping tariffs on Apr 2 . Despite initial weakness on fears that their economies will tank, currencies have strengthened against the US dollar, even as the White House walked
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