archiveRupiah

The Indonesian rupiah yesterday fell to its lowest level since the Asian financial crisis of 1998, reflecting concerns about the government’s fiscal trajectory and the uncertainties about incoming U.S. tariffs. According to The Jakarta Post, the rupiah momentarily fell to around 16,654 against the U.S. dollar, its weakest since June 1998, before recovering slightly. The currency has been one of the worst performers in emerging markets in 2025, declining by more than 3 percent since the start of the year. Tuesday’s reading was slightly lower than the previous low of...

TEMPO.CO, Jakarta - Tempo English compiled the top 3 news on Tuesday, March 4, 2025. Here are the highlights: 10 Weakest Currencies in the World 2025, Is Rupiah Indonesia on the List?; Shell Becomes Sought After Following Pertamina's Adulterated Fuel Scandal; and Here Are 8 Pertamina Directors Caught in Corruption Cases.The following is the list of the top 3 news on Tempo English today:1. 10 Weakest Currencies in the World 2025, Is Rupiah Indonesia on the List?When it comes to currency, the focus often revolves around its strength—the higher the value, the more buying power it holds. However,...

TEMPO.CO, Jakarta - When it comes to currency, the focus often revolves around its strength—the higher the value, the more buying power it holds. However, there are notable exceptions, with some named as the weakest currency in the world.These currencies are known for their low exchange rates and significant depreciation, which can be indicative of various economic challenges.List of the Weakest Currencies in the WorldBank Bazaar and Forbes both named the Iranian Rial as the weakest currency in the world. Keep reading to discover nine other currencies that share this reputation...