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Jakarta Post
The Jakarta Post
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rupiah

BI holds benchmark rate to safeguard rupiah, pledges further support for economy
Business 1 week ago

BI holds benchmark rate to safeguard rupiah, pledges further support for economy

Bank Indonesia has kept its benchmark interest rate unchanged for a fourth consecutive month to safe...
Indonesia’s forex reserves drop to $135.2b in September
Business 2 weeks ago

Indonesia’s forex reserves drop to $135.2b in September

The current reserves level is estimated to be sufficient to support 9.1 months of imports and paymen...
BI, Chinese central bank sign local currency settlement agreement
Business 3 weeks ago

BI, Chinese central bank sign local currency settlement agreement

Both central banks agreed to promote the direct exchange rate quotation and interbank trade for the ...
Indonesia’s forex reserves hit record high in August
Business 1 month ago

Indonesia’s forex reserves hit record high in August

The nation’s forex reserves rose by US$1.9 billion to $137 billion, surpassing the previous re...
Natural resource exporters in dark over BI forex plan
Business 1 month ago

Natural resource exporters in dark over BI forex plan

“Frankly speaking, we haven't been asked about our opinion of the plan,” said I...
BI to require natural resource exporters to convert forex earnings to rupiah
Business 2 months ago

BI to require natural resource exporters to convert forex earnings to rupiah

Bank Indonesia (BI) plans to require exporters of natural resources to convert their foreign exchang...
Bank Indonesia expects rupiah to strengthen to 13,700 per dollar in 2021
Business 4 months ago

Bank Indonesia expects rupiah to strengthen to 13,700 per dollar in 2021

BI Governor Perry Warjiyo said Monday the rupiah remained “fundamentally undervalued” an...
Strong rupiah, weak economy
Editorial 4 months ago

Strong rupiah, weak economy

The rupiah’s recent moves from Asia’s best performing currency pre-COVID-19 to the worst...
Rupiah to strengthen further as foreign investors make comeback: Bank Indonesia
Business 4 months ago

Rupiah to strengthen further as foreign investors make comeback: Bank Indonesia

The rupiah has rebounded by almost 15 percent since the end of March to reach 13,877 per US dollar o...
Foreign investors flock to Indonesian capital market as lockdown policies ease
Business 4 months ago

Foreign investors flock to Indonesian capital market as lockdown policies ease

The capital inflows boosted the rupiah 8.7 percent in the past month, reaching Rp 13,877 per United ...
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