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Indonesians sound alarm over historic currency low

Asia-Pacific 1 source 1 country 🔦 Under-reported 33m ago

Indonesia's currency, the rupiah, has declined to historic lows against the US dollar. Analysts report that this depreciation is causing widespread economic damage across most sectors of the country's economy.

The drop in currency value has prompted significant concern among Indonesians, leading to alarms being raised over the implications of the historic low exchange rate.

In-depth summary · AI, neutral
Read the full story at the source ABC News (AU) · AU
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