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View all search resultsrupiah-against-dollar
Regulations 1 week ago
PREMIUM
BI keeps rate on hold as Iran war pressures rupiah
Bank Indonesia (BI) has left its benchmark interest rate unchanged as the United States-Israel war on Iran puts pressure on the rupiah, prompting the central bank to respond with forex market intervention and tighter foreign exchange controls.
Regulations 1 month ago
PREMIUM
Pushing rupiah to 15,000 per dollar ‘not that difficult’, says Purbaya
Finance Minister Purbaya Yudhi Sadewa says pushing the rupiah exchange rate back up to 15,000 per United States dollar should not be that difficult as the currency is undervalued when taking into account Indonesia’s economic fundamentals.
Regulations 2 months ago
PREMIUM
BI to remain ‘professional’ with strong governance, Perry vows
Professionalism will continue in monetary policymaking, Bank Indonesia (BI) Governor Perry Warjiyo has promised, seeking to allay any concerns following Deputy Finance Minister Thomas “Tommy” Djiwandono’s nomination as a deputy BI governor.
Markets 6 months ago
Surprise rate cut, growth gambit put rupiah in crosshairs
Bank Indonesia's rate cut this week stunned markets for all the wrong reasons - investors fear the central bank is bowing to pressure from President Prabowo Subianto to juice the economy, compromising its independence and risking a rupiah sell-off.
Economy 10 months ago
PREMIUM
RI spends $4.6b of forex reserves to pay debt, stabilize rupiah
Indonesia shaved US$4.6 billion off its foreign exchange (forex) reserves in April as the government serviced foreign debts and the central bank intervened in the market to stabilize the rupiah’s exchange rate amid the tariff turmoil.
Economy 11 months ago
PREMIUM
Sapping rupiah raises inflation risk as imports cost more
While the government has tried to curb growing worries over the depreciating rupiah, Apindo and economists have pointed to pass-on costs and "double inflationary pressures" as potential scenarios that should be anticipated.
