Jokowi Closes Exit Door for Dollar Exporters, BCA Boss Opens Voice

Jokowi Closes Exit Door for Dollar Exporters, BCA Boss Opens Voice

Jakarta, CNBC Indonesia – President Director of PT Bank Central Asia Tbk (BCA) Jahja Setiaatmadja opened his voice about the government’s plan to revise the Export Proceeds Foreign Exchange (DHE) policy. This will have a positive impact on financial markets and the economy. “If done properly, it will increase the supply of USD. Because we … Read more

Rupiah Strengthens Sharply, Translucent IDR 15,000/US$

Rupiah Strengthens Sharply, Translucent IDR 15,000/US$

Jakarta, CNBC Indonesia – The rupiah exchange rate shot up again at the opening of trading Monday (16/1/2023) after strengthening sharply throughout last week. According to Refinitiv data, the rupiah immediately shot up 0.43% to IDR 15,075/US$ as soon as trading opened. The strengthening of the rupiah then increased by almost 1% to IDR 15,000/US$. … Read more