Bank Indonesia expects rupiah to strengthen to 13,700 per dollar in 2021
Bank Indonesia (BI) expects the rupiah to strengthen further next year to around Rp 13,700 to Rp 14,300 per United States dollar on the back of domestic economic recovery starting in the third quarter this year. BI Governor Perry Warjiyo said Monday the rupiah remained “fundamentally undervalued” and would strengthen further to reflect its fundamentals, citing […]
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