Record! US Inflation Highest in 39 Years, RI Needs to Be Alert?

Record!  US Inflation Highest in 39 Years, RI Needs to Be Alert?

Jakarta, CNBC Indonesia – US inflation hit its highest level in nearly four decades in November, as strong consumer demand was exacerbated by supply constraints related to the pandemic. The US Department of Labor said the consumer price index – which measures how much consumers pay for goods and services – rose 6.8 percent in … Read more

Good News from South Africa Makes the Rupiah Soar Again!

Good News from South Africa Makes the Rupiah Soar Again!

Jakarta, CNBC Indonesia – The rupiah yesterday managed to strengthen sharply against the United States (US) dollar as well as stop the poor performance for 12 days. It didn’t stop there, the rupiah shot up again in early trading on Wednesday (8/12). According to Refinitiv data, as soon as trading was opened, the rupiah immediately … Read more

Please be patient! Two Days of Subsidence, JCI Still Haunted by Bad News

Please be patient!  Two Days of Subsidence, JCI Still Haunted by Bad News

Jakarta, CNBC Indonesia – The pressure is coming from outside. After the Omicron variant of the corona virus, now negative sentiment comes from the Chair of the United States Central Bank (US) aka The Fed which has made the Indonesian capital market powerless again in early December. On Wednesday (1/12/2021), the Composite Stock Price Index … Read more

Whoops! There’s Bad News That Can Make Rupiah Leak Today

Whoops!  There’s Bad News That Can Make Rupiah Leak Today

Jakarta, CNBC Indonesia – The rupiah weakened slightly by 0.07% against the United States (US) dollar to Rp 14,220/US$ last Tuesday. The pressure on the rupiah will be even greater in today’s trading, Wednesday (17/11), because the US dollar index shot up last Tuesday. The index that measures the strength of the US dollar yesterday … Read more

Tapering ‘Yes’, Interest Tribe ‘No’, Market So Cheerful?

Tapering ‘Yes’, Interest Tribe ‘No’, Market So Cheerful?

Jakarta, CNBC Indonesia – The central bank of the United States (US) or known as the Federal Reserve (The Fed) is just counting the days for tapering. This has been confirmed by the chairman of the Fed, Jerome Powell. However, unlike 2013, the tapering this time was taken lightly by market players, yet there has … Read more

Really good! Traveling to this country doesn’t need dollars, it can be in rupiah

Really good!  Traveling to this country doesn’t need dollars, it can be in rupiah

Jakarta, CNBC Indonesia – Bank Indonesia (BI) continues to strive so that the rupiah can be used in many countries by cooperating with a number of central banks of other countries. This effort continues to be carried out so that the QR Indonesia Standard (QRIS) can be used for cross-border transactions. The collaboration began with … Read more

These 20 Rupiahs Are Not Sold, Don’t Be Surprised!

These 20 Rupiahs Are Not Sold, Don’t Be Surprised!

Jakarta – For owners of old rupiah notes, you need to know that there are 20 types Fractions of Money Special Rupiah (URK) which was officially revoked and withdrawn by Bank Indonesia (BI). Executive Director of the Communications Department of Bank Indonesia, Erwin Haryono, said that the coins were special rupiah notes for the 1970-1990 … Read more

IMF & Ex-Boss Help Rupiah Strengthen in 3 Weeks

IMF & Ex-Boss Help Rupiah Strengthen in 3 Weeks

Jakarta, CNBC Indonesia – The rupiah was strong against the United States (US) dollar this week, although it was corrected last Wednesday. The rupiah has successfully posted a 3 week strengthening in a row. In addition to the slumping US dollar, there was “assistance” from the International Monetary Fund (IMF) and its former bosses that … Read more