Jakarta, CNBC Indonesia – In line with increasing concerns about inflation and the geopolitical situation, the Wall Street stock market lost again in Friday’s trading. The decline in shares of major banks also put additional pressure on the market. The Dow Jones Industrial Average fell 475.84 points, or 1.24%, to close at 37,983.24. The S&P … 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
Bisnis.comJAKARTA — Not at all has the opportunity to strengthen in today’s trading, Wednesday (11/15/2023) after rising to US$16.79 in yesterday’s trading, stung by weaker-than-expected US inflation data, thus triggering more speculation that the Federal Reserve may not raise interest rates. At the close of trading Tuesday (11/14/2023), the price of gold (XAUUSD) rose US$ … 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
Live Timeline 16:01 WIB 15:12 WIB 13:45 WIB 12:08 WIB 10:09 WIB 08:59 WIB 08:40 WIB Bisnis.comJAKARTA – Composite stock price index (IHSG) has the opportunity to rebound in trading on Tuesday (31/10/2023) amid projections of the Federal Reserve increasing interest rate advanced. CEO of Yugen Bertumbu Sekuritas, William Surya Wijaya, said that ahead of … Read more
Jakarta, CNBC Indonesia – The crypto market simultaneously strengthened within 24 hours, after market concerns emerged that interest rates would remain at high positions for a long time. Referring from CoinMarketCap on Saturday (30/9/2023) at 06.07 WIB, the majority of the crypto market strengthened. Bitcoin edged down 0.46% to US$26,880.44 and rose 1.17% weekly. Ethereum … Read more
Central Banks Worldwide Raise Interest Rates to Combat High Inflation Jakarta – Central banks around the world are taking decisive action to address the issue of high inflation by raising interest rates. Despite concerns that this policy could potentially slow down the economy, central bank officials argue that it is necessary to prevent prolonged inflationary … Read more
In the early hours of May 25, Beijing time, the Federal Reserve released the minutes of its May monetary policy meeting. The minutes showed that Fed officials agreed that inflation was still too high and that the rate of decline was slower than expected. Fed officials were divided on whether to pause interest rate hikes … Read more
The exchange rate of RMB against the U.S. dollar has entered a period of large fluctuations. According to the foreign exchange trading center, on May 25, the central parity rate of the RMB against the U.S. dollar in the inter-bank foreign exchange market was 7.0529 yuan, an increase of 31 basis points from the previous … Read more