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Shruti Agarwal on Muck Rack

Shruti Agarwal

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Articles

Rupiah set for biggest weekly fall since May as higher US yields, stronger dollar bite

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By Shruti Agarwal
| MSN Verified
By Shruti Agarwal Sept 25 (Reuters) - Indonesia's rupiah was set for its biggest weekly fall since late May on Friday, pressured by rising US Treasury yields, a stronger dollar and expectations that US interest rates will remain higher for longer. The rupiah extended losses, weakening as much as 0.3% to 17,935 per dollar on the day. It has declined nearly 1% so far this week.
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Rupiah heads for biggest weekly fall since May on higher US yields, firm dollar

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By Shruti Agarwal
| MSN Verified
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