IDR/USD: Indonesian Rupiah Drops to Record Amid MSCI Concerns, Oil Risks

🌐 Bloomberg (ID) —

AI Summary

The Indonesian rupiah fell to a record low as the US dollar strengthened and concerns grew that MSCI could remove Indonesian stocks from its emerging-market indexes. Oil-related risks are adding pressure to the currency, already among Asia’s weakest performers.

The Indonesian rupiah fell to an all-time low as a stronger dollar and the risk of MSCI Inc. removing the nation’s stocks from its emerging-market indexes cast a pall over Asia’s worst-performing currency.

Markets Commodities Indonesia rupiah currency MSCI emerging markets US dollar oil risks

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