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Indonesia shores up rupiah as economic fears mount

Financial Times LogoFinancial Times13h ago

Indonesia shores up rupiah as economic fears mount - Financial Times

Quick Summary:

The central bank is due to announce its interest rate decision later on Wednesday.

State revenue for the first two months of the year fell by a fifth from the previous year, according to recent data.

The former military general has launched a nationwide free meals programme for schoolchildren and pregnant women, a policy that is expected to cost $28bn a year and put pressure on the state budget.


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Article Details

Author / Journalist: Diana Mariska

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-19 @ 07:32:40 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 503 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 27167769

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 15 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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