Indonesia finance minister says rupiah to remain stable going forward
INDONESIA finance minister Sri Mulyani Indrawati on Tuesday (Jan 30) said the rupiah exchange rate will remain stable with a tendency to...
Bank Indonesia leaves key rate unchanged to keep rupiah stable
[JAKARTA] Bank Indonesia (BI) kept its key interest rate unchanged for a third straight meeting as inflation slowed, remaining within the central...
Bank Indonesia to use blockchain technology for digital rupiah trial in 2024
[JAKARTA] Bank Indonesia (BI) is pushing ahead with plans to trial the use of its new central bank digital currency (CBDC) –...
Indonesian central bank sells US$237 million in new FX-denominated securities in first auction
Indonesia president says rupiah’s drop still ‘safe’, flags tax incentives
INDONESIA President Joko Widodo said on Tuesday (Oct 24) the rupiah’s recent depreciation rate against the US dollar was still “safe” for...
Rupiah nears lowest since April 2020 as Bank Indonesia hike fails to stem rout
BANK Indonesia’s surprise raise in interest rates last week has failed to stem the rout in the rupiah.
Indonesia’s forex reserves continue to fall in September amid pressure on rupiah
[JAKARTA] Indonesia’s foreign exchange (forex) reserves dipped to US$134.9 billion as of the end of September – a fall of US$2.2 billion...
Bank Indonesia intervenes to defend rupiah, open to buying bonds
INDONESIA’S central bank has intervened in the foreign exchange market to manage the supply and demand of US dollars amid market turbulence...
Asia’s last holdout against strong US dollar falls
ASIA’S last currency standing against the US dollar this year has fallen, with the rupiah joining regional peers to erase gains against...
Indonesia central bank holds rates, keeps focus on rupiah
THE central bank of Indonesia left its benchmark interest rate at 5.75 per cent at the latest monthly monetary meeting on Thursday...