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exchange-rate

Business 6 years ago

Rupiah may slide to Rp 20,000 per US dollar in worst-case scenario

The rupiah could hover around Rp 17,500 or even slide to as low as Rp 20,000 against the US dollar, the weakest in history, if Indonesia’s economy contracts and the COVID-19 downturn is prolonged, Finance Minister Sri Mulyani Indrawati has warned.

Business 6 years ago

Rupiah at weakest since 1998 crisis as foreign investors pull out amid virus fears

The rupiah touched levels unseen since the 1998 crisis on Wednesday as fears of a global recession over the rapid spread of COVID-19 prompts investors worldwide to dump financial assets.

Business 6 years ago

Rupiah weakens to Rp 15,000 per dollar amid stronger greenback, COVID-19 fears

The rupiah depreciated 0.83 percent to Rp 15,057 against the greenback as of 11:40 a.m. in Jakarta, touching a level unseen since October 2018.

Business 6 years ago

Rupiah falls to 16-month low as investors dump risky assets

The rout on markets around the world has hit Indonesian shores, with the rupiah falling to 14,820 against the US dollar around noon today.

Business 6 years ago

Bank Indonesia intervenes to steady rupiah as virus fear unnerves markets

The rupiah fell as much as 0.5 percent to 13,725 per dollar by 0442 GMT.

Business 6 years ago

Rupiah leads regional currency appreciation against US dollar

In the morning, the dollar index slightly weakened to 97.29 from 97.31 on Thursday.

Business 7 years ago

Bitcoin briefly hits $5,000 after 20 percent surge

Ethereum's ether and Ripple's XRP, two other large cryptocurrencies, also jumped higher.

Business 7 years ago

Bank Indonesia needs to follow Fed’s rate policy: Economist

Bank Indonesia needs to follow the monetary policy of the United States Federal Reserve in setting its reference rate so as to ensure stability in the rupiah’s exchange rate against the US dollar.

Business 7 years ago

Current account deficit still looming over rupiah, says analyst

The rupiah may have overcome its toughest period last year, but a problem still persisted in the current account deficit, which could haunt the exchange rate if it were not managed this year, an analyst has said.

Business 7 years ago

Rupiah is still undervalued: Bank Indonesia

Bank Indonesia Governor Perry Warjiyo has said that under the current exchange rate, the rupiah was still undervalued and could, therefore, further strengthen against the US dollar in the coming days.

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exchange-rate

Rupiah may slide to Rp 20,000 per US dollar in worst-case scenario

Rupiah at weakest since 1998 crisis as foreign investors pull out amid virus fears

Rupiah weakens to Rp 15,000 per dollar amid stronger greenback, COVID-19 fears

Rupiah falls to 16-month low as investors dump risky assets

Bank Indonesia intervenes to steady rupiah as virus fear unnerves markets

Rupiah leads regional currency appreciation against US dollar

Bitcoin briefly hits $5,000 after 20 percent surge

Bank Indonesia needs to follow Fed’s rate policy: Economist

Current account deficit still looming over rupiah, says analyst

Rupiah is still undervalued: Bank Indonesia

follow our Social media

Your Opinion Matters

Thank You