By Yazid Bindar, Professor of Bandung Institute of Technology
The weakening of the rupiah exchange rate, which has now broken through the Rp17,000 per 1 USD mark, has raised alarm bells among market players, academics, and the public at large. The sharp rise from the Rp16,000s in a short period of time indicates serious pressure on the national economy.
Many are beginning to ask: is this a sign that Indonesia is heading towards a second monetary crisis, after 1998? Moreover, if the exchange rate continues to weaken and crosses the psychological mark of Rp20,000 per US dollar, then the worst-case scenario could become a reality.
Jakarta – Bank Indonesia (BI) resmi mencabut dan menarik beberapa pecahan uang rupiah yang sudah tidak berlaku. Masyarakat… Read More
Jakarta - Kepala Eksekutif Pengawas Perbankan Otoritas Jasa Keuangan (OJK), Dian Ediana Rae merespons terkait… Read More
Jakarta – PT Bank CIMB Niaga Tbk (BNGA) akhirnya mengumumkan pemisahan unit usaha syariah (UUS)… Read More
Jakarta – Bank Indonesia (BI) dalam Survei Perbankan memproyeksikan bahwa Dana Pihak Ketiga (DPK) akan… Read More
Jakarta – Bank Indonesia (BI) dalam Survei Perbankan memprakirakan outstanding kredit sampai dengan akhir 2025 tumbuh sebesar 9,89… Read More
Jakarta - Indeks Harga Saham Gabungan (IHSG) pada perdagangan sesi I hari ini, Senin, 28… Read More
