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View all search resultsrupiah-against-dollar
Business 5 years ago
Most Asia markets, dollar rise as Biden's pledges huge stimulus
With vaccines being rolled out around the world and key risk events including the US election, Georgia senate runoffs and Brexit now out of the way, observers said focus is now on the expected global recovery from last year's economic catastrophe.
Business 5 years ago
Weak demand, govt incentives drive PGN profit down 88 percent
The publicly listed company’s revenue fell by 17.9 percent yoy to $1.47 billion in the January-June period, dropping more sharply than its expenses, which declined by 16.7 percent yoy to $1.01 billion following operational cuts.
Business 6 years ago
Rupiah at 1998 crisis level pressures reserves, foreign-denominated debt
The rupiah breached Rp 16,000 against the US dollar on Friday, the weakest since the 1998 crisis, taking its toll on central bank reserves, corporate debt obligations and import-reliant industries as the COVID-19 pandemic prompts an Indonesian asset selloff.
