Dollar worst one-day rout since April Trump says hasn’t fallen too low
With the som now floating and moving in line with supply and demand, the currency has weakened as structural pressures, like a persistent trade deficit and stubbornly high inflation above 7% since 2017, show up in the price. Concerns around Subianto’s domestic policies, like large fiscal giveaways, plans to weaken the central bank’s independence, and […]