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View all search resultsrupiah-against-dollar
Academia 2 years 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 2 years 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.
Economy 2 years ago
PREMIUM
Mideast escalation could pose major economic risk to RI
Further escalation in the Middle East conflict could pose multi-layered economic risks to Indonesia, ranging from further capital outflows to weaker gross domestic product (GDP) growth, according to analysts and some former government officials.
Regulations 2 years ago
PREMIUM
BI expects just 75 basis points of Fed rate cuts this year, all in H2
According to Bank Indonesia (BI) projections, the United States Federal Reserve (Fed) will cut its benchmark interest rate by less than one percentage point this year. Nevertheless, the central bank expects the rupiah to strengthen versus the dollar.
Markets 2 years ago
PREMIUM
Rupiah gains ground as Fed keeps rate unchanged
The rupiah has strengthened against the United States dollar in the past few days, following the US Federal Reserve (Fed) decision to maintain its benchmark rate on Nov. 1, which allows emerging markets including Indonesia to gain traction on capital inflows and for their currencies to appreciate.
Markets 2 years ago
PREMIUM
Foreign exchange reserves continue to deflate amid pressure on rupiah
Bank Indonesia (BI) revealed on Friday that Indonesian foreign exchange (forex) reserves dwindled for the third consecutive month in September, but the central bank said the reserve level remained “high”.
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