Indonesia’s rupiah hit a record low against the US dollar earlier this week, even as other regional currencies have strengthened. Experts point to domestic concerns weighing down the rupiah, including waning confidence in policy making and central bank independence.
Saudi Arabia to store oil in Singapore’s underground caverns from 2027
Saudi Arabia’s reported plan to store oil beneath Singapore from 2027 could bring supplies closer to Asian buyers. Explore the strategic location, potential trade benefits and key uncertainties behind the proposal.
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