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Thursday, 8 January, 1998, 09:04 GMT
Indonesian currency falls again
The Indonesian currency, the rupiah, has again fallen sharply in value against the dollar. Shortly after the currency markets opened today, Thursday, the rupiah reached a new low of nine-thousand-five-hundred to the dollar, before recovering slightly. The rupiah has lost half its value over the past month. In other trading: the Singapore and Taiwanese dollars rose slightly, along with the Philippine peso and the Japanese yen; the Malaysian ringgit was stable; the South Korean won and the Thai baht both fell. From the newsroom of the BBC World Service |
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