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Please review this article: https://www.indonesia-investments.com/news/news-columns/new-report-of-indonesia-investments-released-return-to-uncertainty/item9563 Then answer the question: 1. Why the Rupiah has been depreciating since the second half of 2022? 2. How has
Please review this article:
https://www.indonesia-investments.com/news/news-columns/new-report-of-indonesia-investments-released-return-to-uncertainty/item9563
Then answer the question:
1. Why the Rupiah has been depreciating since the second half of 2022?
2. How has Indonesia's monetary authority responded to the depreciating Rupiah?
3. What are the impacts of a depreciating currency on the country's trade balance?
(Hint: Think about the country's exports and imports.)
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