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BI’s New Governor Says Focus on Stability

JAKARTA (TheInsiderStories)--Bank Indonesia's newly appointed Governor Perry Warjiyo will prioritize the stability through monetary policy but will seek ways to support growth. Perry Warjiyo officially...

Fitch Warns Rupiah’s Fall May Add Pressure to Developers with Forex...

JAKARTA (TheInsiderStories) - International credit rating agency Fitch Ratings said that the recent depreciation of the rupiah may add pressure to developers in Indonesia...

Indonesia Central Bank Conducts Forex Swap Auction to Strengthen Rupiah

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) will conduct three cross foreign exchange swap auctions this week, to maintain the availability of rupiah liquidity and...

Market Update: BI Needs Further Rate Hike to Stabilize Rupiah

JAKARTA (TheInsiderStories)-- Bank Indonesia (BI) should to raise its benchmark rate again in order to stabilize the rupiah. This month, the Bank raised its key interest...

Rupiah Weakens Over Current Account Deficit Concerns

JAKARTA (TheInsiderStories)—The rise of Bank Indonesia’s (BI) interest rate by 25 basis points (bps) to 4.50 per cent was unable to hold rupiah weakening,...

Policy Review: Bank Indonesia Steps Likely Balance The Economy

JAKARTA (TheInsiderStories) - After hold its benchmark since 2014, Bank Indonesia (BI) decided raised its benchmark rate 25 basis points (bps) to 4.50 percent after the rupiah sinks...

BI Raises Interest Rate as Response to Currency Shock

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) raised its key interest rate by 25 basis point (bps) to 4.50 per cent for the first time since...

Is Indonesia’s Tumble a Red Wave to Investors?

JAKARTA (TheInsiderStories) -- The drop of Indonesian rupiah to record low at Rp14.100 per US dollar, the lowest in nearly two and half years...

Surprise Trade Deficit in April Sends Rupiah, JCI Lower

JAKARTA (TheInsiderStories)— Surprise trade deficit in April send the rupiah and Jakarta Composite Index lower today in a trading day that was riddled with...

Moody’s: Indonesia’s Currency and Interest Rate Weaknesses

JAKARTA (TheInsiderStories) - Last Tuesday, Indonesia’s (Baa2 stable) government bond spiked by nearly 30 basis points to 7.3 percent, but retreated to 7.2 percent at the...

Indonesia Seeks Alternatives to Sell Bonds Amid Volatile Market

JAKARTA (TheInsiderStories) - Indonesian Ministry of Finance will seek alternate funding channels in responding the rising of country's bond yields due to current global situation. On...

Market Update: Lack of U.S Dollar Weakens Indonesian Rupiah

JAKARTA (TheInsiderStories) - The weakening trend in the Indonesian currency rupiah against the U.S Dollar has occurred since several weeks ago. Governor of Bank Indonesia...

BI Expected to Raise Interest Rate as Rupiah Goes Deeper

​JAKARTA (TheInsiderStories) - ​Bank Indonesia (BI) is expected to take a crucial action in responding the sharp decline in rupiah currency against U.S dollar...

Indonesia’s Bonds Sell-off Drag on Capital Market

JAKARTA (TheInsiderStories) - Indonesia’s markets have been in worst performance for the last three years as foreign investors pull capital out of the country. The rupiah...

Pressure on Indonesian Rupiah May Hit Banks’ Performance

JAKARTA (TheInsiderStories) - Indonesian bank industry is facing potential risk of outflows from the country's stocks and bonds due to recent volatility of rupiah currency,...

Indonesia’s President Dismissed Concerns on Rupiah Volatility

JAKARTA (TheInsiderStories) - Indonesia's President Joko Widodo was upbeat on the country's economic fundamental, and turned down concerns over the rupiah currency depreciation. "Our macro-economic fundamentals...

Indonesian Stocks Plunged, Worst Decline in Asia

JAKARTA (TheInsiderStories) - Indonesian stock markets plunged on Thursday (26/04) as a stronger dollar and rising U.S treasury yields prompted foreign investors to reduce portfolio...

Market Update: Indonesia Stocks, Rupiah Declined as U.S Treasury Yields Surges

JAKARTA (TheInsiderStories) - Indonesian capital markets was under pressure on Wednesday (25/4) as the U.S treasury yields have surpassed 3 per cent, hitting the highest level...

Market Update: This is Why Rupiah Stumble Upon American Dollar

JAKARTA (TheInsiderStories) - The U.S currency--which on Friday (20/4) was sharply higher against all world currencies including the Rupiah--broadly reinforced again on Monday (23/04). Yesterday, the...

Edward Teather: Rupiah Could Bounce Back Towards Rp13,000

JAKARTA (TheInsiderStories) - Senior Economist for ASEAN at UBS Edward Teather sees Indonesian Rupiah could bounce back towards the level of Rp13,000 against U.S dollar, after...

Rupiah Hits Lowest Point in Two Years

JAKARTA (TheInsiderStories) - The Indonesian currency rupiah declined on the first trading day of the March after finishing the month of February with losses. The...

Indonesian Currency Drop as Yields Spike Lifts Dollar

JAKARTA (TheInsiderStories) - The Indonesian Rupiah hit its lowest point since October 27 on Thursday. It has dropped around 1.7 percent since the end...

BI Issues Trade Transactions Using Ringgit and Baht

JAKARTA (TheInsiderStories) – Bank Indonesia (BI) has issued technical regulations for the settlement of trade transactions between Indonesia with Malaysia (Ringgit) and Thailand (Baht). The...

Breaking News: JCI Hits Highest-ever Level

JAKARTA (TheInsiderStories) - The Jakarta Composite Index (JCI) hit a new record to 6025.434 on closing today (25/10), a 1.23 per cent (73.35 point) higher over...

JCI Might Get Going despite Rupiah Volatility

JAKARTA (TheInsiderStories) - Jakarta Composite Index (JCI) is still likely to break the 6,000 level amid the volatility of the Rupiah, a casualty of global...

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...

Rupiah Hits 10-month Low Against U.S Dollar

JAKARTA (TheInsiderStories) - The Rupiah, our Indonesian currency, continued to manifest its weakness on Thursday (28/9), sliding to a 10-month low against US dollar (US$). Rupiah was...