Navigating the Storm: understanding the Ripple Effect of US Tariff Policies on the Indonesian Rupiah Table of Contents Navigating the Storm: understanding the Ripple Effect of US Tariff Policies on the Indonesian Rupiah Intraday Rupiah Performance How US Tariff Policies Erode the Indonesian Rupiah: An In-Depth Expert Insight Senior Editor: The Changing dynamics of Global … Read more
The Rupiah exchange rate is poised for a day of fluctuation but is expected to close stronger in today’s trading, Thursday, January 30, 2025.This follows the Federal Reserve’s decision to maintain its benchmark interest rate, a move that aligns with market expectations. The decision by The Fed to hold rates steady has provided a stabilizing … Read more
Jakarta, January 24, 2025 – The Indonesian Rupiah (IDR) is poised for a potential resurgence against the United States Dollar (USD), according to Bank Indonesia (BI) Governor Perry Warjiyo. Speaking at a press conference following the KSSK Periodic Meeting at the Ministry of Finance, Warjiyo expressed optimism about the currency’s trajectory, hinting at a possible … Read more
Indonesian Bank under Inquiry for Alleged CSR Corruption Table of Contents Indonesian Bank under Inquiry for Alleged CSR Corruption indonesian Bank’s CSR Practices Under Scrutiny Indonesian Bank’s CSR Practices Face Scrutiny Amid Corruption Concerns Interview with Dr. Aninditha Cilianda on Indonesian Bank’s CSR Inquiry JAKARTA, Indonesia – The Corruption Eradication Commission (KPK) of Indonesia is … Read more
International Counterfeit Ring Busted: Millions in Fake currency Seized In a major international crackdown, authorities in Indonesia and Singapore have dismantled a sophisticated counterfeit money operation, netting millions of dollars in fake currency and leading to numerous arrests. The coordinated effort highlights the global reach of such criminal enterprises and the collaborative efforts needed … Read more
Indonesia’s Central Bank Stands Pat on Interest Rates, Prioritizing Rupiah Stability Table of Contents Indonesia’s Central Bank Stands Pat on Interest Rates, Prioritizing Rupiah Stability Indonesia’s Central Bank Governor Calls for Interest Rate Cuts Indonesia holds Rates Steady: Prioritizing Rupiah Stability over US Interest Rate Alignment JAKARTA, Indonesia – In a move that surprised some … Read more
Indonesia‘s QRIS: Revolutionizing Digital Payments Globally Table of Contents Indonesia’s QRIS: Revolutionizing Digital Payments Globally QRIS’s Global Expansion QRIS: Indonesia’s Digital Payments revolution Indonesia’s rapid Response Code Indonesian Standard (QRIS) is making waves in the global financial landscape. This innovative digital payment system, already widely adopted domestically, is rapidly expanding its reach internationally, offering a … Read more
Jakarta, CNBC Indonesia – Bank Indonesia (BI) labeled a video upload hoax showing a printout of new rupiah notes with a nominal value of 1.0. The money is not a legal medium of exchange but is merely a house note. Photo: (Screenshot of Instagram @Bank_Indonesia)Advise Bank Indonesia on the issue of new currency. (Screenshot of … Read more
Jakarta – Bank Indonesia (BI) and Bank of Korea (BOK) agreed on the use of local currency in financial and economic transactions (Local Currency Transaction/LCT). Thus, both countries no longer need to convert to United States (US) dollars. This agreement was made on the sidelines of the BI-BOK High Level Meeting today, Sunday (10/12/2023). It … Read more
Jakarta – Bank Indonesia (BI)’s interbank transfer service, namely BI Fast, is temporarily closed. Bank Indonesia (BI) explained that the service is currently under repair. “Announcement regarding BI Fast Services. As a form of Bank Indonesia’s commitment to always prioritize the comfort and security of payment system transactions, Bank Indonesia will carry out activities to … Read more