Tag "rupiah"
Asia Pacific
Economics
Indonesia policy package met with skepticism
Indonesian President Joko Widodo has rolled out the first of three policy packages aimed at deregulating the economy. The policies have been met with skepticism, however, as Widodo’s administration has
Asia Pacific
Economics
Luck is behind Jokowi’s subsidy gamble in Indonesia
President of Indonesia Joko Widodo recently cut fuel subsidies. Thanks to falling global oil prices, Indonesians have actually seen a drop in prices at the pump, and thus have not
Asia Pacific
Economics
Bank of Indonesia prepares for future market volatility
Following a decision by the Indonesian government to raise fuel prices, the Bank of Indonesia raised its benchmark rate to help stem inflation. In mid-November, the Bank of Indonesia decided
