Tags Posts tagged with "currency rate"

currency rate

Indonesia stops energy projects worth $25 billion as rupiah hits 20-year low

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Indonesia plans to delay $25 billion worth of power projects as it seeks to rein in a widening current-account deficit and a selloff in...
Indonesian businesses asked to start hedging “beyond usual” as rupiah tumbles

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Indonesia’s central bank on April 25 urged businesses in the country to hedge their foreign exchange needs beyond minimum requirements, as policymakers seek to...
Malaysian ringgit at lowest level in decades

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The ringgit weakened the most last week in Asia against the US dollar, reaching a level it last saw in two decades, ending trade...
Thailand worried about strong baht

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The Thai government, domestic economists and export associations have expressed deep concern about the continued appreciation of the country's currency, which is now predicted...