Jakarta – The exchange rate of the United States (US) dollar against the rupiah almost touched Rp. 15,000. As quoted from Reuters, the US dollar is currently at Rp. 14,945. Money market observer Ariston Tjendra explained that the strengthening of the dollar was due to recession sentiment and the increase in US benchmark interest rates. … Read more
Jakarta, CNBC Indonesia– Domestic financial markets were devastated this week in line with global pressures and the release of disappointing economic data.The Composite Stock Price Index (JCI) this week closed at 6,794,328, falling 1.70%. JCI also fell 3.53%point-to-pointin a week. At the close of trading yesterday (1/7/2022) the rupiah was at Rp 14,935/US$, down 0.27% … Read more
Jakarta, CNBC Indonesia – The Rupiah recorded a sharp decline against the United States (US) dollar on Friday (1/7/2022), getting closer to Rp. 15,000/US$. Thus the rupiah recorded a 4-day decline in a row. According to Refinitiv data, the rupiah opened trading with a slight weakening of 0.01% to Rp 14,910/US$. Had strengthened to Rp … Read more
Jakarta – The Rupiah currency is under pressure from the United States (US) Dollar. The exchange rate of the Dollar against the Rupiah had touched the level of Rp. 14,900. The weakening of the value of the Rupiah is considered to have an instant impact on society. That is the rising rate of inflation. According … Read more
Jakarta, CNBC Indonesia – The performance of the country’s financial assets tended to be inconsistent in yesterday’s trading (16/6/2022), stock indexes and yields (yield) Government Securities (SBN) strengthened and the rupiah weakened against the United States (US) dollar. JCI managed to maintain its good performance in trading on Thursday (16/6), where the JCI was consistently … Read more
Jakarta, CNBC Indonesia – Bank Indonesia (BI) continues to encourage socialization of the use of local currency settlement (LCS) for industrial players in Indonesia. The policy of leaving the United States (US) dollar in trade and investment transactions is fully supported by the President of the Republic of Indonesia, Joko Widodo (Jokowi). This was conveyed … Read more
Jakarta, CNBC Indonesia – Indonesia’s financial markets tend to be mixed on Wednesday (15/6), where investors are still wait and see ahead of the release of the benchmark interest rate decision by the US central bank (Federal Reserve / The Fed). On Wednesday (15/6), the Composite Stock Price Index (JCI) fell 0.61% to the position … Read more
Jakarta, CNBC Indonesia – Bank Indonesia (BI) is optimistic that the Indonesian financial market will be invaded by foreign investors. Thus, the rupiah can be strong against the United States (US) dollar. “The opportunity is still very big because our fundamental aspects are well maintained. Both of our market mechanisms are well maintained, we make … Read more
Jakarta, CNBC Indonesia – Many know about the world’s most powerful and stable currency. However, what about the lowest currency? Is the rupiah currency included in the lowest row of currencies? Each country has a different currency exchange rate against the United States (US) dollar. Demand and supply of currency exchange rates become one of … Read more
Jakarta, CNBC Indonesia – The Indonesian stock market was not opened on Thursday (26/5) because it was a national holiday commemorating the Ascension of Jesus Christ amid strengthening global equity markets. However, the day before, the Composite Stock Price Index (JCI) ended trading on Wednesday (25/5) with a correction of 0.44% and closed at 6,883.504. … Read more