Rupiah declines the most since February after inflation report

Source: Bloomberg
Indonesia's currency fell the most in almost 3 weeks as data showed inflation unexpectedly rose. The Rupiah weakened 0.3% to 9,704 per U.S. Dollar at 9:12 a.m. in Jakarta, the biggest decline since February 12. Consumer prices rose at the fastest pace since June 2011, with gains being 5.31% last month. Bank Indonesia expects the inflation to be in a 3.5% to 5.5% range this year. 
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Mon, 04 Mar 2013 08:22:07 GMT

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