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Currency News

BI to Intervene Market, Keep Rupiah at Bay

01 Mar 2018 21:56Tempo.co
CO, Jakarta - Bank Indonesia (BI) said it is ready to stabilize and intervene the market in a bid to prevent the rupiah from plummeting further, hence protecting Indonesia's economy from turmoil. "Since this is related to the market, the strategy is a ... more

Currency of Indonesia Update: Rupiah Feels Impact of Powell Speech

28 Feb 2018 04:41Indonesia Investments
Doddy Zulverdy, Head of the Monetary Management Department at Indonesia's central bank (Bank Indonesia), said the rupiah's depreciation today was actually modest compared to several other Asian currencies. more

Indonesia Eyes Higher Inflows After Rupiah Bonds Added to Global Index

21 Feb 2018 04:18Jakarta Globe
The yield on benchmark 10-year government bonds fell to 6.443 percent on Wednesday from 6.467 percent the previous day, while the rupiah gained as much as 0.3 percent. more

Rupee ends at 3-month low against US dollar as FIIs continue selling Indian ...

20 Feb 2018 06:45Moneycontrol.com
Foreign investors have been cutting back on their positions in the Indian market over the last couple of weeks. The home currency hit an intraday low of 64.86 against the dollar, before closing at 64.79, 0.90 percent lower than its previous closing ... more

Indonesian scientists hamstrung by year-long funding delay

19 Feb 2018 20:29Nature.com
Indonesian scientists expecting to receive hundreds of thousands of dollars for research are stuck in limbo because the country's first dedicated science-funding agency is struggling to raise enough money. more

Higher global bond yields, volatility undercut Asian carry trades

13 Feb 2018 03:11Reuters
Already, stock exchange data shows foreigners have sold about $8.3 billion worth of Asian equities so far in February. Indonesia finance ministry data showed foreigners had sold $566 million in the country's debt markets this month. more

Meet the man trying to book your next cheap hotel room in Southeast Asia

02 Feb 2018 01:07CNBC
With rooms available from just 99,000 Indonesian Rupiah ($7.30), RedDoorz is specifically targeting the region's domestic travelers, especially its large youth demographic. more

Indonesia's manufacturing PMI signals contraction for two months in row

31 Jan 2018 18:33Nikkei Asian Review
The reading remained in contraction territory for two months in a row. "New orders fell for the second consecutive month, albeit only slightly amid reports of lackluster client demand," said Aashna Dodhia, economist at IHS Markit, which compiles the ... more
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