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View all search resultsrupiah
Economy 11 months 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 11 months 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.
Regulations 1 year ago
PREMIUM
Why is nobody talking about rupiah redenomination anymore?
Rupiah redenomination has been in the cards for more than a decade, but the stars may now be aligning for scrapping three zeroes from the Indonesian currency as economic and political stability, alongside low inflation and strong foreign exchange reserves, would facilitate such a move.
Economy 1 year ago
PREMIUM
DEN warns of rupiah risks from more US protectionism
Ahead of a second presidential term for president-elect Donald Trump in the United States, Luhut Pandjaitan’s National Economic Council (DEN) has advised the government to “play smart” in its dealings with the world’s largest economy to prevent a strong reaction.
