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Rupiah Weakens, Purchasing Power of Foreign Tourists in Indonesia Set to...

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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%

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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...

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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

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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...

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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

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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...

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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

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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?

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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

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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,...

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