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View all search resultsForeign-exchange
Business 6 years ago
Bank Indonesia announces 5 measures to support rupiah amid market rout
Bank Indonesia (BI) announced Monday five measures to stabilize the rupiah as foreign investors sold off Indonesian financial assets from stocks to bonds and after Indonesia officially reported its first coronavirus cases.
Business 6 years ago
Foreign exchange reserves up to US$124.5 billion in March
Foreign exchange reserves strengthened in March to US$124.5 billion, up from $123.3 billion in the previous month, on the back of improved foreign exchange earnings from the oil and gas sector, Bank Indonesia (BI) reported on Monday.
Business 7 years ago
Foreign exchange reserves stable at US$120.1 billion in January
Indonesia welcomed 2019 with stable foreign exchange reserves, Bank Indonesia (BI) announced on Thursday, while economists said more favorable external conditions would pave the way for the country to build up reserves this year.
Business 7 years ago
Finance minister tells exporters to heed new rule on foreign exchange earnings
A regulation requiring exporters to repatriate foreign exchange earnings from the export of natural resources officially took effect on Jan. 10, and the Finance Ministry is determined to ensure compliance.
