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Currency News

Rupiah Falls 15 Points to Close at Rp13,759/Dollar on Wednesday

04 Apr 2018 19:00Tempo.co
TEMPO.CO, Jakarta - The Indonesian rupiah fell 15 points against the US dollar to close at Rp13,759 at the Jakarta inter-bank spot market on Wednesday evening after it traded at Rp13,744 previously. more

Indonesia's New Central Bank Governor Pledges Rupiah Stability

03 Apr 2018 02:52Bloomberg
Indonesia's incoming central bank governor vowed to ensure the stability of the currency as emerging markets brace for further volatility on the back of rising interest rates in the U.S. more

Indian rupee and Indonesian rupiah seen vulnerable to US rates

22 Mar 2018 02:04ZAWYA
"I don't expect both Indian rupee and Indonesian rupiah to weaken to the extent that we saw in 2013 during the taper tantrum," said Khoon Goh, head of Asia research at ANZ Banking Group in Singapore. more

Top Indonesian conglomerate logs 25% profit growth

27 Feb 2018 06:56Nikkei Asian Review
United Tractors, a heavy equipment distributor majority owned by Astra, posted a 48% net income jump to 7.4 trillion rupiah. "The increase [in United Tractors' profit] was caused by the significant strengthening of coal prices -- leading to improved ... more

Indonesia eyes inflows after rupiah bonds added to a global index

25 Feb 2018 19:23Business Recorder
Indonesia expects further inflows from foreign investors into its debt market after news that local currency bonds will be added to a global bond index, prompting fund managers to add them to their portfolios. more

Indonesian president pays over $800 to keep signed Metallica Master of Puppets ...

23 Feb 2018 12:00Rock 107
The Jakarta Post now reports Jokowi paid 11 million Indonesian rupiah, just over $800, so that he could keep the album for himself. more

Indonesia's e-ID scandal looks set to take another scalp

27 Jan 2018 04:52East Asia Forum
It is important to look beyond these twists and turns due to the sheer size of the scandal surrounding the e-ID card scheme - a project that aimed to provide compulsory biometric identification cards to all Indonesians. more

Indonesian warden suspected of allowing drug kingpin to operate inside prison ...

18 Jan 2018 02:03Coconuts
Since he has been in prison, BNN believes that Sancai has channeled hundreds of millions of rupiah into Cahyono's bank accounts. more
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