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Thursday, 8 January, 1998, 07:02 GMT
Indonesia's currency plunges again
The Indonesian currency has again dropped sharply in value -- falling for the first time through the psychologically important barrier of 10,000 rupiah to the dollar.

Correspondents say the financial markets suspect a lack of commitment by the government to economic reforms prescribed for Indonesia by the International Monetary Fund.

President Suharto on Tuesday unveiled a budget which avoided some of the demands the IMF is making, in exchange for financial aid. The rupiah has now lost well over half its value in the past month.

From the newsroom of the BBC World Service.

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