Is Indonesia In Recession? Wait for the answer next week…

Is Indonesia In Recession?  Wait for the answer next week…

Jakarta, CNBC Indonesia – This week, Indonesia’s financial markets are happy. The Composite Stock Price Index (JCI) strengthened, the rupiah exchange rate also appreciated. So far this week, the JCI rose 0.93% on a basis point-to-point. JCI is getting closer to the level of 7,000. ADVERTISEMENT SCROLL TO RESUME CONTENT – Meanwhile, the rupiah exchange … Read more

Knock! The Fed Raises Interest Rates 75 bps, What Is The Impact on Indonesia?

Knock!  The Fed Raises Interest Rates 75 bps, What Is The Impact on Indonesia?

Jakarta, CNBC Indonesia – Entering the third trading day in the last week of July, the Composite Stock Price Index (IHSG) is still unsure of its movement amid investors who are still waiting for the announcement of the Fed’s interest rate hike. Yesterday, the Composite Stock Price Index (JCI) closed with an appreciation of 0.39% … Read more

Waiting for Fed Rate Decision, JCI Continues Rally?

Waiting for Fed Rate Decision, JCI Continues Rally?

Jakarta, CNBC Indonesia –The Composite Stock Price Index (JCI) moved sharply higher last week after being corrected in the previous week. The strengthening of the JCI is in line with the movement of global stock markets. Last weekend, the JCI closed trading slightly higher by 0.33% to 6,886,962. According to data from the Indonesia Stock … Read more

These are the people who are benefiting from the weakening of the rupiah

These are the people who are benefiting from the weakening of the rupiah

Jakarta, CNBC Indonesia– The Indonesian currency weakened again against the United States (US) dollar. So far this week, the rupiah fell 0.17% to Rp 15,015/US$. So, who benefits? Now, the rupiah is trading above the level of Rp. 15,000/US$. The weakening of Garuda’s currency occurred after the US central bank (Federal Reserve / The Fed) … Read more

BI Still Holds Standard Interest Rate at 3.5% Level

BI Still Holds Standard Interest Rate at 3.5% Level

Jakarta, CNBC Indonesia – The Board of Governors of Bank Indonesia (BI) has again maintained its benchmark interest rate. Now the Bank Indonesia (BI) 7-Day Reverse Repo rate (BI-7DRR) is still perched at the level of 3.5% “The Board of Governors meeting in July 2022 decided to maintain the (BI) 7-Day Reverse Repo rate (BI-7DRR) … Read more

This is the horror of the impact of the US dollar breaking through Rp. 15,000 to your life

This is the horror of the impact of the US dollar breaking through Rp. 15,000 to your life

Jakarta – The rupiah exchange rate against the United States (US) dollar has been depressed in recent times until it touched the level of Rp. 15,000. Exchange rate strengthening dollar AS against the rupiah will have an impact on people’s daily lives. Director of Political Economy & Policy Studies (PEPS), Anthony Budiawan said that the … Read more

Not Recession, World Will Face Long Recession!

Not Recession, World Will Face Long Recession!

Jakarta, CNBC Indonesia – The Composite Stock Price Index (JCI) finally managed to strengthen after falling for six consecutive days with a total of almost 7%. Unfortunately, the rise of the JCI has not been able to be followed by the rupiah and the bond market, where the majority of the tenors of Government Securities … Read more

Foreign Fund Escapes from RI, Sri Mulyani Reveals the culprit!

Foreign Fund Escapes from RI, Sri Mulyani Reveals the culprit!

Jakarta, CNBC Indonesia – Minister of Finance Sri Mulyani Indrawati opened her voice regarding the condition of the escape of foreign funds from Indonesia and the rupiah exchange rate which continues to be depreciated. The United States Dollar (US) is now slightly touching the level of Rp. 15,000. “Several economic indicators, especially from a financial … Read more

Sri Mulyani’s forecast for the US dollar to approach Rp. 15,000 is now proven

Sri Mulyani’s forecast for the US dollar to approach Rp. 15,000 is now proven

Jakarta – The exchange rate of the United States (US) dollar continued to strengthen against the rupiah. Exchange rate dollar AS this afternoon at the level of Rp. 14,970 or close to the level of Rp. 15,000. Finance Minister Sri Mulyani Indrawati once said the rupiah would be depressed until the end of the year … Read more