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weakening

Business 7 years ago

Rupiah continues weakening trend on Friday

The rupiah continued to weaken on Friday as its exchange rate against the US dollar stood at Rp 15,182, according to the Jakarta interbank spot dollar rate (JISDOR), 0.32 percent lower than its position the previous day, which was quoted at Rp 15,133.

Business 7 years ago

Economic chief needs time to explain rupiah drop

Coordinating Economic Minister Darmin Nasution has declined to comment on the reason as to why the rupiah weakened to slightly above Rp 15,000 per US dollar on Tuesday, saying that he needed to look deeper into the matter.

Business 7 years ago

Rupiah hits Rp 15,000 per US dollar on Tuesday

The rupiah weakened to Rp 15,025 per United States dollar at 11:37 a.m. on Tuesday, 0.58 percent weaker than its position the day before, according to the foreign exchange spot market.

Business 7 years ago

Rupiah drops to Rp 14,941 per US dollar ahead of FOMC meeting

The rupiah further weakened on Wednesday morning ahead of the Federal Open Market Committee (FOMC) meeting in which the United States Federal Reserve is slated to decide whether it will increase its reference rate.

Business 7 years ago

JCI down 1.08 percent in first session

The Jakarta Composite Index (JCI) slipped to 5,893.59 before midday on Monday.

Business 7 years ago

Rupiah strengthens as global pressure abates: BI

Bank Indonesia monetary management department head Nanang Hendarsah said on Friday that the rupiah exchange rate against the US dollar had begun to rebound as the external pressure on the currency had started to subside.

Business 7 years ago

BI intervenes as rupiah hits Rp 14,900 against dollar

Bank Indonesia (BI) intervened in the market on Tuesday morning as the rupiah weakened by 0.36 percent to Rp 14,934 per US dollar in the spot market.

Business 7 years ago

Rupiah under pressure Monday

The rupiah was still under pressure on Monday when it reached Rp 14,859 to the US dollar, after reaching Rp 14,835 to the dollar on Friday, weakening by 0.16 percent, according to the Jakarta interbank spot dollar rate (JISDOR).

Business 7 years ago

Higher consumer goods import tax effective today

The higher import tax on consumer goods is effective as of Sept. 13 as part of the government's efforts to slow imports and improve its current account.