The Business Times
business-time-50
SUBSCRIBERS

Indonesia douses talk of curbs to capital and exchange rate

google-preferred-sourceAdd BT as a preferred source
Published Wed, Nov 18, 2015 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Jakarta

INDONESIA has reaffirmed its commitment to allowing the free movement of capital and a floating exchange rate, putting to bed concerns that the government would impose capital controls to manage the rupiah and dollar liquidity.

Edi Prio Pambudi, assistant deputy minister in the Economics ministry, told Reuters on Wednesday:

IndonesiaBank Indonesia

Share with us your feedback on BT's products and services

Feedback

TRENDING NOW

DBS filed the bankruptcy application after serving statutory demands to the directors of Autobahn Rent A Car in December 2025.

Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS

Tthe Bond franchise has spanned over 60 years, grossing more than US$7 billion at the global box office, making it one of the most successful ever.

Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise

The acquisition of Citigroup's retail banking businesses in Indonesia, Malaysia, Thailand and Vietnam has helped double UOB’s customer base across the four markets.

UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates

Property-based taxes may have limited room to run – and pushing them further risks hitting the wrong people, observers say.

In taxing wealth, how far can Singapore push property owners?

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More