Exchange rates play a crucial role in the economic stability of a country. A significant depreciation of the Indonesian rupiah (IDR) against foreign currencies can have profound implications for businesses, consumers, and the economy as a whole. In this article, we will explore the potential consequences of a falling exchange rate against the rupiah.
Month: February 2025
How to Reduce Dependence on USD to Strengthen the Rupiah
The Indonesian Rupiah (IDR) has long been affected by fluctuations in the US Dollar (USD). High reliance on the USD in trade, investment, and foreign reserves makes the Rupiah vulnerable to depreciation during global economic shifts. To strengthen the Rupiah and achieve economic stability, Indonesia must reduce its dependence on the USD. This article explores effective strategies for minimizing USD … Read More