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Rupiah Slumps on Scaled-Back Tax Hike Even as Finance Chief Downplays Deficit

(Bloomberg) -- Bank Indonesia intervened to stabilize the rupiah after President Prabowo Subianto’s surprise decision to scale back a tax hike sent the...

By: Yahoo Entertainment

Jan 03 2025
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3179 Views

Rupiah Slumps on Scaled-Back Tax Hike Even as Finance Chief Downplays Deficit — Rupiah Slumps on Scaled-Back T

(Bloomberg) -- Bank Indonesia intervened to stabilize the rupiah after President Prabowo Subiantos surprise decision to scale back a tax hike sent the currency weakening by nearly 1%. Most Read from… [+4247 chars]

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