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Rupiah Falls to Rp16,000 Against Dollar, Bank Indonesia Ensures to Steady It
Following the post-Eid holiday period, the Indonesian rupiah has taken a sharp nosedive, breaching the critical level of Rp16,000 against the US dollar. This...
Bank Indonesia Aims to Make Digital Rupiah Exclusive Legal Tender
Bank Indonesia (BI) has unveiled its intention to establish digital rupiah as the exclusive legal payment method in Indonesia. This initiative is part of...
Sri Mulyani Addresses Rupiah’s Depreciation Amid Global Economic Pressures
The Indonesian Rupiah has been experiencing a sustained period of depreciation against the US Dollar in recent weeks. Shedding light on the factors contributing...
Rupiah Gains Strength Against the US Dollar Amid Economic Slowdown and Debt Issues
The Indonesian Rupiah has strengthened against the US Dollar in early Thursday (27/4/2023) trading. The US Dollar's weakness due to signs of economic slowdown...
PUPR Will Auction 30 New Capital Project Packages Worth Tens of Trillion Rupiah
The development of Indonesia's new capital city continues to pursue the targets that have been set. Therefore, Ministry of Public Works and Public Housing...
Domestic Forex Demand Affects the Difficulty of the Rupiah Strengthening
Indonesia's currency, the Rupiah, has struggled to strengthen. The rupiah exchange rate even weakened again against the United States (US) dollar in early trading...
Rupiah Records Weakest Position Against US Dollar Throughout 2022
At the start of trading Thursday (29/12), the rupiah exchange rate fell against the US Dollar. The rupiah opened trading with a weakening of...
Digital Rupiah Will Be Regulated in the Financial Omnibus Law
Indonesia will have one additional legal means of payment soon, the digital rupiah. The presence of the new legal payment is deemed necessary to...
State Losses May Reach Trillions of Rupiah in One Flood
Flooding is one of the problems that never has a good solution in Indonesia. Losses received by the state even reach trillions of rupiah...
BI Sets Rupiah Exchange Rate Assumption at Rp. 15,070 per US Dollar
Bank Indonesia (BI), together with Commission XI of the Indonesian House of Representatives, established the rupiah exchange rate assumption at Rp. 15,070 per US...