Bye Bye Satan Tapering, Rupiah Ready to Down Rp 14,500/US$

Bye Bye Satan Tapering, Rupiah Ready to Down Rp 14,500/US$

Jakarta, CNBC Indonesia – Rupiah posted a 0.76% decline against the US dollar to Rp 14,530/US$. In 5 trading days, the rupiah was not even able to record a strengthening against the United States (US) dollar. Garuda’s currency is now at its weakest level since mid-April. However, the story could be different earlier this week, … Read more

Covid-19 is just a record, the tsunami of layoffs is just a matter of time?

Covid-19 is just a record, the tsunami of layoffs is just a matter of time?

Jakarta, CNBC Indonesia – The Indonesian financial market experienced a correction in yesterday’s trading. The Composite Stock Price Index (JCI) and the rupiah exchange rate closed in red. Yesterday, the JCI finished at 6,012.06. Weak 0.37% compared to the previous day. Trading on the Indonesian stock market is relatively quiet with a transaction value of … Read more

Rupiah Jaya, Jaya, Jaya! Thank you, IMF …

Rupiah Jaya, Jaya, Jaya!  Thank you, IMF …

Jakarta, CNBC Indonesia – The rupiah exchange rate against the US dollar moved higher in spot market trading today. The brighter ‘forecast’ of the International Monetary Fund (IMF) for the world economy has boosted the morale of market players and the courage to enter risky assets in developing countries, including Indonesia. On Wednesday (7/4/2021), US … Read more

Margin Call in the US Makes Uproar, Got the Rupiah

Margin Call in the US Makes Uproar, Got the Rupiah

Jakarta, CNBC Indonesia – The rupiah exchange rate against the United States (US) dollar weakened against the middle rate of Bank Indonesia (BI). The country’s currency is sluggish in trade spot market. On Tuesday (30/3/2021), the BI middle rate or the Jakarta Interbank Spot Dollar Rate / Jisdor reference rate was at IDR 14,481. Rupiah … Read more

Corona Gets Worse, China & Western Countries Even Play ‘Silat’

Corona Gets Worse, China & Western Countries Even Play ‘Silat’

Jakarta, CNBC Indonesia – Indonesian financial markets closed varied in yesterday’s trading. Composite Stock Price Index (JCI) weakened, however rupiah exchange rate even strengthened. Yesterday, JCI ended with a correction of 0.77%. The JCI has been below 6,300 and touched its lowest point since March 9, 2021. Foreign investors recorded a net sale of Rp … Read more

Work, work, work! Next week Many Kudu Watch Out

Work, work, work!  Next week Many Kudu Watch Out

Jakarta, CNBC Indonesia – Next week will be a fairly busy period. Investors must keep their eyes and ears intact because there is important momentum that can determine market movements. Throughout this week, the Composite Stock Price Index (IHSG) rose 1.59% on an annual basis point-to-point. JCI is the fourth best stock index in Asia. … Read more

Horrified, US dollars are getting worthless!

Horrified, US dollars are getting worthless!

Jakarta, CNBC Indonesia – The rupiah exchange rate against the United States (US) dollar strengthened in the middle rate of Bank Indonesia (BI). The rupiah is also green in trade spot market. Today, Wednesday (2/12/2020), the BI middle rate or the reference rate of the Jakarta Interbank Spot Dollar Rate (Jisdor) shows the figure of … Read more

US Dollar Triggered by Investors, Rupiah Increasingly Mighty

US Dollar Triggered by Investors, Rupiah Increasingly Mighty

Jakarta, CNBC Indonesia – The exchange rate of the rupiah against the United States dollar (US) moves higher in spot market trading this morning. The good news from US President Donald Trump has even weakened his country’s own currency, so that the rupiah can walk comfortably on the green track. Today, Friday (27/11/2020) US $ … Read more

Asian Champion Rupiah, but Not Yet Under Rp. 14,000 / US $

Asian Champion Rupiah, but Not Yet Under Rp. 14,000 / US $

Jakarta, CNBC Indonesia – The rupiah exchange rate strengthened against the United States dollar (US) on Tuesday (17/11/2020). The news of the corona virus vaccine from Moderna, made the rupiah a champion in Asia. Launching data from Refinitiv, the rupiah opened trading at the level of Rp. 14,000 / US $, jumping 0.71% on the … Read more

Unstoppable! After 6 weeks of strengthening, the rupiah shot again

Unstoppable!  After 6 weeks of strengthening, the rupiah shot again

Jakarta, CNBC Indonesia – The rupiah exchange rate strengthened against the United States dollar (US) in mid-trade Monday (16/11/2020), after recording a 6-week straight strengthening. The rupiah is being shaded by positive sentiment, investment flows are rushing into the country, and foreign investors are buying up the rupiah again. Launching Refinitiv data, the rupiah opened … Read more