1.   A month ago, many investors held out hope the rupiah would stabilize and allow interest rates to come down quickly, leaving minimal damage to the economy.

2.   But he added that the rupiah would stabilize if Indonesia remained committed to implementing its IMF program.

3.   I get a chill down my spine whenever I imagine the plight of this country should the rupiah stabilize at the current rate, let alone depreciate further.

4.   Thankfully, the rupiah has stabilized over the past few days, although the market still needs some convincing.

5.   The central bank has said it will gradually lower interest rates as the rupiah stabilizes.

6.   The rupiah will stabilize only if there are no major upheavals in the political arena.

7.   Unless the rupiah stabilizes against the U.S. dollar, the Indonesian stock market will continue to reflect the volatility of its exchange rate.