Indonesia's Economic Time Bomb: Rupiah Hits Record Low; What Could Happen Next Explained | Vantage

Indonesia is facing a deepening crisis as its currency plunges to a record low, foreign investors pull out of its stock market and Vice President Gibran Rakabuming Raka resigns. The rupiah has fallen to around 18,250 against the US dollar, making it Asia’s worst-performing currency this year. Meanwhile, concerns over market transparency have triggered billions of dollars in losses, with MSCI threatening to downgrade Indonesia’s market status. In this ground report from Jakarta, Firstpost…