(Bloomberg) -- The Indonesian rupiah fell against
the dollar on speculation authorities aren't keen to see the
currency strengthen further.
The rupiah has declined from a three-year high of 8,640 set
on May 23 following comments by officials suggesting they
preferred the currency at a weaker level. Indonesia is ``happy''
with the rupiah at about 9,000 to the dollar, Vice President
Jusuf Kalla said at a conference in Tokyo last week.
Read more at Bloomberg Currencies News
the dollar on speculation authorities aren't keen to see the
currency strengthen further.
The rupiah has declined from a three-year high of 8,640 set
on May 23 following comments by officials suggesting they
preferred the currency at a weaker level. Indonesia is ``happy''
with the rupiah at about 9,000 to the dollar, Vice President
Jusuf Kalla said at a conference in Tokyo last week.
Read more at Bloomberg Currencies News
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