Tag: rupiah
Rupiah Weakens, Purchasing Power of Foreign Tourists in Indonesia Set to...
At the close of trading on Friday, June 21, 2024, the rupiah weakened by 20 points, or 0.12 percent, to IDR 16,450 per US...
De-dollarization Continues, Cross-Border LCT Transactions Surge by Over 100%
In a bid to lessen reliance on the US dollar (de-dollarization), Indonesia is ramping up efforts in Local Currency Transactions (LCT). The latest data...
Rupiah Falls to Rp16,000 Against Dollar, Bank Indonesia Ensures to Steady...
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...
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...
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...
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...
BI Sets Rupiah Exchange Rate Assumption at Rp. 15,070 per US...
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...
Shopping in Singapore Can Use Rupiah
Transacting in Singapore will be easier due to the immediate legalization of the Rupiah currency as a means of payment there. Bank Indonesia (BI)...
Update on Rupiah Redenomination Policy, Still on Going?
The Central Bank and several other monetary supporters have initiated the redenomination of the Rupiah for a long time. Simplifying the rupiah's value is...
The New Rupiah Has Sophisticated Technology
Bank Indonesia has officially launched 7 new banknotes in 2022 Emission Year. There are seven types, namely the IDR 100,000, IDR 50,000, IDR 20,000,...
