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Business 7 years ago
Minister blames widening trade deficit on global economic slowdown
Finance Minister Sri Mulyani Indrawati has blamed the global economic slowdown for November's widening trade deficit, which was recorded at US$2.05 billion, an increase from the $1.82 billion deficit recorded in the previous month.
Business 7 years ago
Rupiah weakens to Rp 14,620 per US dollar on Monday
The rupiah fell to Rp 14,620 per United States dollar at 1:29 p.m. on Monday, weakening by 0.27 percent from its position on Friday, according to the foreign exchange spot market, after Statistics Indonesia (BPS) announced that Indonesia posted a trade deficit in November.
Business 7 years ago
Minister to look into increase in oil and gas imports in August
Finance Minister Sri Mulyani Indrawati has said that she wants to look into the reason for the increase in oil imports in August, one month before the Sept. 1 implementation of the mandatory use of 20 percent blended biodiesel (B20).
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