Jakarta, CNBC Indonesia – It was seen that the Rupiah was going against the United States (US) dollar this week. Likewise, all Asian currencies fell against the US dollar. Launching from Refinitiv this week, the rupiah fell 1.18% point-to-point (ptp) against the US dollar. Meanwhile, in trading last Friday (11/15/2024), the rupiah closed flat at … Read more
Jakarta – Indonesia experienced deflation for five consecutive months. Trade Minister Zulkifli Hasan or Zulhas admitted that a decline in purchasing power was the reason for Indonesia to suffer deflation for months. This continued inflation occurred from May-September 2024. The Bureau of Statistics (BPS) noted in May 2024 that deflation was 0.03% per month (mtm). … Read more
Jakarta – Coordinating Minister of the Economy Airlangga Hartarto assessed that the strengthening position of the rupiah exchange rate against the US dollar is proof that the Indonesian economy is in a controlled state. This is in response to five consecutive months of deflation which was related to economic conditions. Airlangga said that no one … Read more
Jakarta, CNBC Indonesia – The Rupiah is showing a strengthening trend after reaching its highest level this year at IDR 16,445 per US Dollar (June 21, 2024). Today Wednesday, August 21 2024 (at 1.12 WIB) the Rupiah is moving at IDR 15,434 per US dollar. So what will be the impact of the strengthening of … Read more
Jakarta – The rupiah exchange rate against the US dollar strengthened to around IDR 15,400. However, in the Draft State Revenue and Expenditure Budget 2025 (RAPBN), the government estimates that the US dollar will be at the level of IDR 16,100. Responding to this, Finance Minister Sri Mulyani Indrawati said that she would discuss the … Read more
Jakarta, CNBC Indonesia – The Bank Indonesia Board of Governors (RDG BI) meeting will be held on Tuesday and Wednesday this week (20-21 July 2024). One thing that is of concern is the interest rate (BI rate) which the market projects will still be kept at the current rate even though there are already voices … Read more
Jakarta – The exchange rate of the US dollar against the rupiah weakened this morning. Uncle Sam currency fell 31 points (0.19%) to IDR 15,999. Referring to RTI data, on Thursday (8/8/2024), the US dollar was the highest at IDR 16,030 and the lowest was IDR 15,999. The US dollar has weakened against the rupiah … Read more
Jakarta – Financial institution Indonesia (BI) has issued a particular foreign money. Probably the most fashionable cash is the IDR 850,000 kind. “Have you ever ever heard of the coin Rp. 850,000? Financial institution Indonesia issued this coin to commemorate the fiftieth Anniversary of Indonesia’s Independence. Adorned with a wonderful design and deep historic worth, … Read more
Jakarta – The US greenback has strengthened at the moment. The Rupiah is underneath stress. Cited from RTI knowledge, on Friday (14/6/2024) the US greenback was at a excessive of IDR 16,374 and a low of IDR 16,347. Responding to this, Financial institution Indonesia (BI) Governor Perry Warjiyo defined that the rupiah change price towards … Read more
Jakarta – Several economists have explained why the rupiah exchange rate continues to weaken against the US dollar, reaching Rp. What are the reasons? Associate Researcher at the Institute for Economic and Financial Development (INDEF), Asmiati Malik, explained that the decision of the central bank of the United States (US) or Federal was the first … Read more