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rupiah-against-dollar

Business 6 years ago

Rupiah gains ground on appointment of professionals to Jokowi’s Cabinet

The rupiah continued to gain ground against the US dollar on Tuesday following news reports that President Joko “Jokowi” Widodo has picked a number of professional figures for the new Cabinet in his second term of office.

Business 6 years ago

Rupiah holds its ground despite fall in share prices

The Indonesian currency gained slightly against the US dollar on Monday despite a decline in share prices in regional markets amid fears of an escalation in the trade war between the United States and China.

Business 6 years ago

JCI falls 2.59 percent as trade tension escalates, GDP growth slows

The Jakarta Composite Index (JCI) fell by 2.59 percent to 6,175.7 points on Monday following a downward trend in Asian indices, while the rupiah also declined against the US dollar.

Business 6 years ago

Shares gain ground, but rupiah weakens in morning trade

The rise in the JCI followed the upward trend of regional stocks, which mostly edged up on Tuesday as equity investors prepared for an expected United States interest rate cut this week.

Business 6 years ago

Rupiah, regional currencies barely unchanged, shares gain ground

Financial markets were keenly awaiting the ECB's policy decision and assessment of global economic health.

Business 6 years ago

Rupiah, share index close lower on Wednesday

Asian shares crept higher on Wednesday as the prospect of fresh Sino-US trade talks drew a guarded welcome.

Business 6 years ago

JCI up, rupiah down as US dollar index strengthens

Approximately 202 shares saw gains, while 146 experienced losses and 126 other shares remain unchanged.

Business 7 years ago

Rupiah weakens on Thursday as US dollar index strengthens

The majority of currencies in Asia also weakened against the US dollar on Thursday. Meanwhile, the US dollar index stood at 96.88 from 96.77 at market close on Wednesday.

Business 7 years ago

Foreign exchange reserves strengthen in February

The issuance of foreign-denominated global bonds by the government has contributed to strengthening the country’s foreign exchange reserve position, Bank Indonesia announced on Friday.