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Indonesia’s Forex Reserves Hit Seven Months Record High

JAKARTA (TheInsiderStories) — Bank Indonesia (BI) reported foreign exchange (forex) reserve reached US$120.7 billion in December. The figure is not only higher than November'...

Morning Briefing: Indonesian Consumer Index Shows Positive Trend

JAKARTA (TheInsiderStories) — Good morning! Bank Indonesia (BI) announced consumer confidence index (CCI) resulted good optimism. In December, CCI recorded at 127 points, increased from...

Weekly Briefing: Market Welcomes US-China Trade Tension Talks

JAKARTA (TheInsiderStories) — Good morning! Indonesian Rupiah is on the move with highest hike among other Asian currencies. The local currencies against US Dollar...

Morning Briefing: Powering Japanese Yen Worries Global Market

JAKARTA (TheInsiderStories) — In this early 2019, Japanese Yen dramatic surge becomes another concern for the global market. Since early December, Yen recorded as...

Indonesian Rupiah, JCI Drops in 2019’s First Trading

JAKARTA (TheInsiderStories) - In the first trading of 2019, the Jakarta Composite Index (JCI) dropped 0.27 percent to 6,178.03 compared to last week. While...

Morning Briefing: Starting 2019 amid Market Uncertainties

JAKARTA (TheInsiderStories) — Happy new year! After the turmoil in 2018, year 2019 is predicted to have some continuous uncertainties. Indonesia will face presidential...

Weekly Briefing: Santa Rally, Possibly More Brighter Days for Rupiah and...

JAKARTA (TheInsiderStories) — Good morning! Indonesian financial market is getting Christmas present. Rupiah against Dollar closed strengthening 0.13 percent to 14,480, while the Jakarta Composite...

Morning Briefing: Reference Rate Announcement Leads Market into Negative Territory

JAKARTA (TheInsiderStories) — Good morning! The Rupiah and Jakarta Composite Index (JCI) have both taken another hit. This is in part due to the...

BI Responds Fed’s Hawkish by Maintaining the Policy Rate

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) kept the 7-day Reverse Repo (BI-7DRR) rate at 6 percent followed the Federal Reserves (Fed) monetary action. The...

Morning Briefing: US, China Tension at WTO Session

JAKARTA (TheInsiderStories) — Good morning! If you thought that the tensions between the United States (US) and China are easing due to the tariff...

Morning Briefing: Indonesian Market Hit by Lousy Trade Data

JAKARTA (TheInsiderStories) — Good morning! Bad economic news caused the Rupiah and the Jakarta Composite Index to slump again. The Rupiah started the week...

Indonesia’s Deposits Rate Possibles to Escalate in 2019

JAKARTA (TheInsiderStories) - Indonesia' deposit rates has potentially to increase due to the possibility of a benchmark rate hike in 2019, said Deposit Insurance Corporation...

Morning Briefing: Indonesian Gov’t to Spend US$113B in 2019

JAKARTA (TheInsiderStories) - Good Morning! Indonesian government to spent Rp1,634.3 trillion (US$112.71 billion) next year, said President Joko Widodo while gave the budget execution lists at...

Morning Briefing: British Proposes Backstop Policies for Brexit

JAKARTA (TheInsiderStories) — Good morning! British Prime Minister Theresa May will depart for Brussels again to negotiate backstop policies with the European Union (EU) regarding...

Weekly Briefing: More Tense on US-China Trade War amid Huawei Top...

JAKARTA (TheInsiderStories) — Good morning! The ongoing tariff trade war between the United States (US) and China may be in a ceasefire now but...

Indonesian Forex Reserves Slightly Up to US$117.2B in November

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) has noted that Indonesia's foreign exchange (forex) reserves stood at US$117.2 billion in November, slightly up compared to...

Morning Briefing: How Brexit Impacts Rupiah and Stock Market

JAKARTA (TheInsiderStories) — Discussions about British exit or Brexit withdrawal from the European Union (EU) will continue to be a hot topic ahead of...

Weekly briefing: US, China Halts Trade War for 90 Days

JAKARTA (TheInsiderStories) — Good morning! United States (US) and China agreed to halt trade war for 90 days. The decision was made on Sunday (12/02),...

Morning Briefing: Rupiah, JCI, Advance amid Lower Fed Rate Projection

JAKARTA (TheInsiderStories) — Good morning! The Rupiah upswung by 0.83 percent to 14,408 per US dollar, affected by lower United States’ Federal Reserves (Fed) rate...

Morning Briefing: Global Sentiments Causing Rupiah Lost Energy

JAKARTA (TheInsiderStories) — Good morning! After five days of durability, Rupiah lost its energy and depreciated by 0.21 percent. The currency dip was caused by...

Morning Briefing: Bank Indonesia Sees Lower Economic Growth

JAKARTA (TheInsiderStories) — Good morning! Bank of Indonesia lowering the 2019’s economic growth projection, in accordance with the 7-Day Reverse Repurchase (7-DRR) rate increase...

Indonesia, China Renew Bilateral Local Currency Swap Arrangement

JAKARTA (TheInsiderStories) — Bank Indonesia and People's Bank of China (PoBC) renew its cooperation over bilateral local currency swap arrangement and doubling the amount from...

Morning Briefing: Widodo Urges Global Leaders Minimize Dependency in One Currency

JAKARTA (TheInsiderStories) — In front of global leaders in ASEAN plus three summit, Indonesia President Joko Widodo asked to minimize dependency only on one...

Morning Briefing: BI Rate Announces Today, Rupiah Potentially Strengthens Again

JAKARTA (TheInsiderStories) — Good morning! Bank of Indonesia (BI) will announce its 7-Day Reverse Repurchase Rate (7-DRR rate) today. Some analysts predicted the central bank...

Morning Briefing: Indonesian Market Sluggish, SMGR Acquires 80% Holcim’s Shares

JAKARTA (TheInsiderStories) — Indonesia financial market welcomed the week in the slowdown phase. Rupiah lost its energy, by decreasing 0.78 percent to 14,747 against the...

Weekly Briefing: Rupiah’s Probable Strength Over Interest Rate Announcement

JAKARTA (TheInsiderStories) -- Good morning! Ahead of this week, Indonesia, Thailand, and Philippines will decide the interest rates amid cautious of the Federal Reserves...

Morning Briefing: Rupiah Continues Gaining Power due to Foreign Inflow

JAKARTA (TheInsiderStories) — Good morning! American  Dollar fell off against other countries’ currencies, following midterm election result that brings Democrats to control parliament. Observers rated,...

Morning Briefing: Rupiah Toughen, BI will Announces Forex Reserves Data

JAKARTA (TheInsiderStories) — Good morning! Indonesian Rupiah gained strength this week, as the central bank effort to maintain the local exchange rate. While, the...

Morning Briefing: EODB Rating Declines Cause Indonesian Govt Is Not Focused

JAKARTA (TheInsiderStories) -- Good morning! Indonesia's rank downturn in World Bank's Ease of Doing Business (EoDB) is considered as "lost focus" by Investment Coordinating Board...

Indonesia’s Inflation Accelerates to 0.28% in October

JAKARTA (TheInsiderStories)— Indonesia recorded inflation 0.28 percent in October from a deflation 0.18 percent in September, Statistics Indonesia reported on Thursday (01/11). In annual basis, there will...