Search results for 1997-98 Asian Financial Crisis

Rupiah rout stoking fears of a 1997 repeat in Indonesia

TOKYO – Indonesian officials are working overtime to dismiss any suggestion that Jakarta is catching a whiff of 1997 in the...

Rupiah’s fall shows old emerging-market playbook no longer works

On May 5, the rupiah closed at 17,445 per dollar — its weakest level on record — and by evening Bank Indonesia had tightened foreign-exchange rules for the third time in two months...

Why is the Indonesian rupiah falling, and could confidence be cracking?

Despite the market volatility, analysts insist the current situation bears little resemblance to the 1998 Asian Financial Crisis, when the rupiah collapsed.

Asian currencies wilting in the Iran war’s heat

TOKYO – India and Indonesia aren’t often at the center of the global financial zeitgeist. But as the rupee and rupiah lead Asian currencies down and down, events in Mumbai and Jaka...

Southeast Asia oil crisis puts sovereign ratings at risk

Indonesia faces 'vicious' stagflation: Japan consumer goods firm

Indonesian state banks surge, private rivals sag over Prabowo's policies

Cambodia banking jitters reflect concerns over wider economy

Indonesia's move to change banking rules unsettles private lenders

How low will Indonesia’s falling rupiah go?

Indonesia’s psychological and economic guardrails officially cracked in mid-May when the rupiah plunged to 17,513 against the US dollar, the weakest level in the currency’s history...

Energy price surge slams countries in debt to IMF

War turmoil saps Asian reserves with Philippines and India hit most

The slide in reserves adds to evidence that Asia has been one of the biggest losers from the Middle East conflict due to its reliance on energy imports.

MSCI's index rebalance drops Indonesian stocks and rupiah hits record low

Indonesia's underperforming stock market faces credibility test

MSCI's index rebalance drops Indonesian stocks and rupiah hits record low

Rupee's sharp drop in line with long-term trend, ex-central banker says

Oil crisis sparks Japanese dash for corporate credit lines

Indonesia prepares Bond Stabilization Fund amid rupiah depreciation

Indonesia rupiah hits new record low; president downplays day-to-day impact of currency weakness

ASEAN members working to strengthen currency swap lines as crisis bites, Bangko Sentral chief says

MEMBERS of the Association of Southeast Asian Nations (ASEAN) are working on expanding a regional crisis financing initiative as they deal with the economic fallout from the Middle...

The energy crisis is becoming a currency crisis

The biggest losers include the Egyptian pound, the Philippine peso, the South Korean won and the Thai baht.

MSCI’s Indonesia purge exposes a deeper market crisis

The May 2026 rebalancing by Morgan Stanley Capital International may go down as one of the most consequential shocks in the modern history of Indonesia’s stock market. The sweeping...

Asia's next economic crisis may come from youth unemployment

Philippine central bank shifts to rate hike stance as economy struggles