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In One Week, Foreign Capital Out from Indonesia US$784M

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) noted that foreign capital outflow from Indonesia on May 13-16 reached Rp11.3 trillion (US$784.72 million), consisting of Rp7...

Bank Indonesia to Strengthen Monetary Operation

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) announced has changes its monetary policy from the one-way monetary operations into a two-way monetary operation. With this...

Bank Indonesia Holds the Benchmark Rate at 6%

JAKARTA (TheInsiderStories) – Bank Indonesia through the Board of Governors' Meeting decided to maintain a 7-day Reverse Repo Rate (BI7DRR) at 6 percent by...

Indonesia, Thailand Central Bank Strengthen Cooperation in Payment Systems

JAKARTA (TheInsiderStories) – Bank Indonesia (BI) and Bank of Thailand (BoT) have agreed to strengthen the cooperation in the areas of Payment Systems, Financial...

Indonesia to Do Various Auctions to Maintain The Rupiah’s Stability

JAKARTA (TheInsiderStories) – Bank Indonesia (BI) will act quickly to maintain the stability of the rupiah exchange rate against the US dollar. These actions...

Indonesia 2018’s Last Quarter Current Account Deficit Swells

JAKARTA (TheInsiderStories) - Indonesia recorded a worsening current account deficit (CAD) situation, as it swelled to US$9.1 billion in the fourth quarter (4Q) of...

Can the Rupiah Hang On? 

JAKARTA (TheInsiderStories) - The Indonesian currency continued to suffer weakness on Tuesday (3/10) after slipping to a 10-month low against the US dollar last September. Even 30Rates monitor forecasts...

Euro Slipped After Merkel’s Victory, Rupiah Pulled Back

JAKARTA (TheInsiderStories) - The Euro slipped in value on Monday, after German Chancellor Angela Merkel won a fourth term, as her party, the Christian Democrats (CU),...

Bank Indonesia Cuts Key Interest to Pep Reluctant Economic Mood

JAKARTA (TheInsiderStories) – Indonesia's central bank (BI) unexpectedly cuts its interest rate on Friday for a second consecutive month, in an attempt to boost sluggish...