Indonesian currency slides: Inflation makes it harder for people to afford food

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Indonesia’s currency has fallen to a record low against the US dollar, with one dollar now exceeding 18,000 rupiah. The decline marks a sharp drop from earlier this year and places the rupiah among the weakest performing currencies in the region.

Al Jazeera’s Jessica Washington reports.

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#Indonesia #Rupiah #USDollar #CurrencyCrisis #Forex #ExchangeRate #Economy #Inflation #FinancialMarkets #AsianEconomy #AlJazeeraEnglish
Category
Breaking World News
Tags
Asia economy, Indonesia, Indonesian rupiah
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