Indonesian Rupiah Hovers Near Record Lows on Fiscal Woes, Trade War Risks

RUPIAH - JAKARTA. The Indonesian rupiah teetered near record lows on Monday as fresh uncertainty from U.S. President Donald Trump's threat of extra tariffs on European nations added to pressure from concerns over the country's widening fiscal deficit. 

The rupiah tumbled the most in more than two weeks to 16,945 per U.S. dollar, its weakest point since early April last year, and slightly above its all-time low of 16,970.