Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 3 of 3 results for "Indonesian Rupiah"

Greece's bundle of debt

BENJAMIN ONG  |  FRIDAY, 5 JUN 2015
... market sell-off, social upheaval and street protests against austerity. The only difference was the currency. The Indonesian rupiah was allowed to float in July 1997, sparking a precipitous slide from 2430 rupiahs to one US dollar to as low as 16,745 ...

Most EM currencies bounce back

ALEX DUNNIN  |  THURSDAY, 26 SEP 2013
... markets in readiness for rising US bond yields. The capital flight triggered the India Rupee to fall 13%, the Indonesian Rupiah to fall 8% and the Thai Baht to fall 3%. Even the safe haven AUD fell 4%. Bernake's announcement that the US Fed had changed ...

EM correction, it's different this time

ALEX DUNNIN  |  WEDNESDAY, 11 SEP 2013
... central banks to intervene into their local currency markets, major EM currencies fell sharply in August with the Indonesian Rupiah dropping almost 10% and the Indian Rupee dropping about 15% before recovering slightly. These economies being heavy importers ...
PAGE:
1