Bank Indonesia Rate Hike in Play as Rupiah Plumbs New Lows

Indonesia may see its first interest-rate hike in two years as the rupiah’s slide to record lows this week intensifies pressure for the central bank to mount a stronger defense...

By Grace Sihombing · Bloomberg Markets

Indonesia may see its first interest-rate hike in two years as the rupiah’s slide to record lows this week intensifies pressure for the central bank to mount a stronger defense of the currency.