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View all search resultsrupiah-against-dollar
Economy 1 year ago
PREMIUM
Airlangga downplays rupiah's brief plunge to multiyear low
The Coordinating Economic Minister downplayed Tuesday's temporary plunge to a record low in a doorstep interview on Wednesday, saying that currency fluctuation was “normal” and pointing to external factors as the cause, without elaborating.
Economy 1 year ago
PREMIUM
Rupiah drops to multiyear low ahead of Trump's tariffs, domestic uncertainty
The national currency temporary hit its lowest rate since the 1998 Asian Financial before inching back up to Rp 16,580 per dollar on Tuesday evening, the depreciating trend caused by investors jittery about the incoming US tariffs and geopolitical uncertainty, as well as domestic pressures.
Academia 1 year ago
PREMIUM
BI Rate rise increases stability while maintaining growth
While the central bank's recent decision to raise the BI Rate by 25 basis points to 6.25 percent may not have been popular, it was the appropriate measure to respond to the current global turmoil and to anchor future inflation.
Economy 1 year ago
PREMIUM
BI reassures markets on rupiah stability as Mideast conflict heats up
Bank Indonesia (BI) has issued a statement that seeks to alleviate concerns about a weakening rupiah as the United States dollar is propped up by the American economy as well as by Iran and Israel trading blows.
