Indonesia’s currency is suffering, but that’s about to end, trade minister says
“The Indonesian rupiah should stabilize from here on out, the country’s trade minister, Enggartiasto Lukita, told CNBC. The rupiah is one of the worst-performing Asian currencies this year as investors flee emerging markets with current account and fiscal deficits. “
USAGOLD note: A familiar refrain. . .and of the kind that these days inspires a reaction opposite of what is intended.
Image by By Government of Indonesia; Evanc0912 [CC0], via Wikimedia Commons