Indonesia’s rupiah — Asia’s worst-performing currency this year — has been under pressure since late 2024 when investors began reassessing the country’s fiscal outlook following the election of ...
Central bank data show Indonesia's currency has been losing value to the dollar since President Prabowo Subianto's ...
JAKARTA, May 18 (Reuters) - The Indonesian rupiah slid to another record low on Monday despite interventions by the central bank, as stocks slumped and global oil prices surged to two-week highs, ...
By Gayatri Suroyo, Ananda Teresia and Stefanno Sulaiman JAKARTA, June 9 (Reuters) - Indonesia's central bank unexpectedly raised interest rates by 25 basis points on Tuesday, in a rare off-cycle move ...
The currency law contains a general requirement that the Indonesian rupiah be used to settle all financial obligations and other payment transactions taking place in Indonesia, unless certain limited ...
A man looks at foreign currency exchange rates on an electronic panel in Jakarta, Indonesia. FOTO ANTARA/Rosa Panggabean/ed/mes/11 Last month, China and Indonesia signed an agreement to promote the ...
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Indonesia's Prabowo faces a reality check
By IntelliNews When Prabowo Subianto took the oath of office, he promised a golden era of stability, robust state-led growth, ...
Indonesia’s central bank is on track to issue its own digital currency for banks to use, while considering ways to ensure it would be exchangeable across borders. Bank Indonesia will release the ...
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