Battered Rupiah Likely to Face Another Month of Losses
Portraits of Indonesia’s first President Soekarno, left, and former Prime Minister Mohammad Hatta are displayed on a 100,000 rupiah banknote in an arranged photograph in Thailand. (Photographer: Brent Lewin/Bloomberg)

Battered Rupiah Likely to Face Another Month of Losses

(Bloomberg) -- Indonesia’s rupiah has depreciated more than any other emerging-market currency this month. Past performance suggests August will see further losses.
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