global markets / investor
Por sesgo · 1 takes across the edition
Bloomberg · United States · Prabowo's rupiah breaks 18,000 as investors flee Indonesia's worst-performing currency
Frames the sell-off as a confidence crisis driven by Prabowo's inner circle and a sudden state grab of commodity exports, with rumours swirling that Finance Minister Purbaya Yudhi Sadewa could be ousted. Investor-eye view of policy unpredictability.
“Prabowo's inner circle and a sudden assertion of control over commodity exports have unnerved investors and jolted the rupiah.”