Topic: Indonesian Rupiah
High grain costs, caused by severe drought, are hitting dinner tables from Guatemala to China. But the world has learned valuable lessons since the food shocks of 2008. Will it be enough to prevent social unrest?
Rupee has joined the ranks of the dollar, the pound, the euro and the yen with its own currency symbol.
07/16/2010 05:13 pm
The fund seeks to soften effects of the financial collapse, but many Asian leaders – citing bad advice from the '97 crisis – are wary of conditions attached to assistance.
11/21/2008 12:00 am
Large foreign-currency reserves and overhauled regulatory systems have helped stability. Investors also seem to be better targeting which currencies are at risk.
10/29/2008 01:00 am
But Russia, Brazil, and China are expected to have the cash and domestic growth to weather the storm.
09/24/2008 01:00 am