rupiah
Americannoun
plural
rupiah, rupiahsnoun
Etymology
Origin of rupiah
First recorded in 1945–50; rupee
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Indonesia’s central bank kept interest rates unchanged again in its first policy meeting of the year, a decision that comes as the rupiah slides to new lows and concerns mount over the country’s fiscal outlook.
Further rate cuts are likely only once the rupiah either strengthens meaningfully or remains stable for long enough to give policymakers confidence, they added.
Bank Indonesia makes its final rate decision of the year Wednesday, which will probably see the central bank remain on pause as it looks to steady the rupiah.
Indonesia’s inflation trends are likely to support the central bank’s easing bias, ANZ said, with the primary limitation being the need to maintain rupiah stability.
Policy hikes are unlikely unless the rupiah comes under acute pressure, while deposit facility rate cuts are expected to track the policy rate, economist Brian Tan said in a note.
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.