Indonesias Rupiah Hits Lowest Level in 16 Years

The video discusses Indonesia's economic strategies amidst market challenges. The government is cautious about interventions due to potential reserve depletion. Instead, they focus on reducing the deficit by boosting exports and reducing imports. The Indonesian Rupiah has been affected by local dollar demand and investor outflows, with concerns about the government's ability to manage the current account deficit. The video also compares Indonesia's situation with other emerging markets like Venezuela and Russia, highlighting the Rupiah's significant fall.

What was the recorded current account deficit for Indonesia in the third quarter?

What is the expected trend for Rupiah volatility by January of the next year?