Bank Indonesia drama shows why rupiah is plunging

TOKYO — Investors hoping President Prabowo Subianto might learn from Indonesia’s past economic mistakes should get used to disappointment. Since taking office in October 2024, Prabowo has worked to drag Southeast Asia’s biggest economy back into its past. Which past is debatable. What isn’t debatable: the general-turned-politician is overseeing Indonesia’s worst financial turmoil since the […]

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