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
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
Live Timeline 12:02 WIB 10:28 WIB 09:05 WIB Bisnis.comJAKARTA — Rupiah exchange rate has the potential to strengthen against the United States (US) dollar in trading early next week, Monday (22/1/2024), due to the potential for the Fed to cut interest rates in the future. On Friday (19/1/2024) the rupiah closed up 0.05% or 8.5 … Read more
Jakarta – Most of the rupiah coins circulating in Indonesia have small denominations and are made from aluminum, nickel and brass. Currently, most of the coins in circulation only have a nominal value of IDR 100, IDR 200, IDR 500, and a maximum of IDR 1,000. But did you know, Bank Indonesia once issued large … Read more
Raja Ampat, CNBC Indonesia – Bank Indonesia (BI) has been more focused on maintaining rupiah stability in recent times. This is because the movement of the rupiah is in a weakening trend due to uncertainty originating from global sources, especially the United States (US). “It is important to continue to maintain the Rupiah so that … Read more
Live Timeline 12:08 WIB 10:48 WIB 09:03 WIB Bisnis.comJAKARTA — Rupiah exchange rate Today tends to be overshadowed by a surge in the US dollar ahead of a speech by officials from the Federal Reserve (The Fed) who will offer direction on the benchmark interest rate policy. The US dollar strengthened in trading Wednesday (8/11/2023) … Read more
Live Timeline 12:29 WIB 10:21 WIB 09:03 WIB Bisnis.comJAKARTA – Rupiah exchange rate Today it is predicted to continue weakening after being corrected in yesterday’s trading. Sentiment from abroad will be quite strong in influencing the rate of the rupiah. Forexindo Futures Profit Director Ibrahim Assuaibi said the rupiah currency today is predicted to fluctuate … Read more
Jakarta – The strengthening of the United States dollar (US) against the rupiah is predicted to be temporary. In fact, it is predicted that the US dollar will never touch IDR 16,000 from this year to 2024. What is the reason? “I don’t see any reason why the rupiah could be more than Rp. 16,000. … Read more
Jakarta – Exchange rate dollar AS the rupiah strengthened this morning. Uncle Sam’s currency rose 25 points (0.16%) to Rp. 15,889. Quoting RTI data, Tuesday (31/10/2023), the US dollar was at its highest level at IDR 15,894 and the lowest at IDR 15,864. The US dollar strengthened against the rupiah daily to monthly. Furthermore, the … Read more
Jakarta – Coordinating Minister for Economic Affairs Airlangga Hartarto responded to the United States (US) dollar which was approaching IDR 16,000. According to Airlangga, this condition reflects the US dollar continuing to strengthen, not the weakening rupiah. “This is not the rupiah weakening, the US dollar strengthening. That’s why it applies to all countries. That’s … Read more