The reason why the Indonesian rupiah is so sensitive to the dollar
On May 5, 2025, the rupee fell to its weakest level ever at 17,445 against the US dollar. The figure even surpassed the low point of the 1997–1998 Asian financial crisis, an economic disaster from which Indonesia took years to get well. However, economists agree that today's situation is structurally different, although the pressure is real and can't be ignored....











