rupiah

Indonesia reserves drop most in almost two years on rupiah woes
Indonesia reserves drop most in almost two years on rupiah woes
May 8, 2025
Bank Indonesia has stepped up intervention this year and last month began intervening in the offshore non-deliverable forwards marketPublished Thu, May 8, 2025 · 01:08 PM[JAKARTA] Indonesia’s foreign-exchange reserves...
Rupiah to extend losses as Bank Indonesia battles volatility
Rupiah to extend losses as Bank Indonesia battles volatility
April 22, 2025
[JAKARTA] The Indonesian rupiah will extend this year’s 4 per cent decline due to fragile investor confidence, spurring further intervention by the central bank to stem volatility, according to...
Indonesia’s foreign reserves hit record high despite rupiah rout
Indonesia’s foreign reserves hit record high despite rupiah rout
April 14, 2025
Domestic concerns, such as the fiscal outlook and slowing economic growth amid President Prabowo Subianto’s shuffling of policy priorities, are also weighing on market sentiment[JAKARTA] Indonesia’s foreign exchange reserves...
Bank Indonesia will act boldly to maintain rupiah stability
Bank Indonesia will act boldly to maintain rupiah stability
April 9, 2025
[JAKARTA] Indonesia’s central bank will act boldly to maintain rupiah stability by intervening in the spot, domestic non-deliverable forwards, and bond markets, a deputy governor said on Wednesday (Apr...
Bank Indonesia intervenes in offshore rupiah ahead of reopening
Bank Indonesia intervenes in offshore rupiah ahead of reopening
April 7, 2025
It will aggressively intervene in the onshore markets too when they reopen on Tuesday[JAKARTA] Bank Indonesia intervened in the offshore rupiah market ahead of what could be a turbulent...
Indonesia to strongly intervene as rupiah drops to five-year low
Indonesia to strongly intervene as rupiah drops to five-year low
February 28, 2025
The currency has slumped almost 3 per cent this year in the worst performance among major emerging-Asian peersINDONESIA’S central bank pledged to intervene strongly in markets on Friday (Feb...
Bumitama Agri’s H2 profit climbs 13.5% to 1.43 trillion rupiah
Bumitama Agri’s H2 profit climbs 13.5% to 1.43 trillion rupiah
February 27, 2025
INDONESIAN palm oil producer Bumitama Agri posted a 13.5 per cent increase in net profit to 1.43 trillion rupiah (S$116.9 million) for the second half ended December, from 1.26...
Bank Indonesia says it’s ready to intervene to steady rupiah
Bank Indonesia says it’s ready to intervene to steady rupiah
December 4, 2024
INDONESIA’S central bank said it was ready to intervene in currency markets to steady the rupiah as it weakened towards the psychological level of 16,000 per US dollar. Bank...
Mr DIY Indonesian business plans IPO to raise up to 4.7 trillion rupiah
Mr DIY Indonesian business plans IPO to raise up to 4.7 trillion rupiah
November 25, 2024
THE Indonesian sister company of Mr DIY Group (M) Bhd will list shares in Jakarta through an initial public offering (IPO) that seeks to raise as much as 4.7...
Bank Indonesia says it’s ready to intervene to steady rupiah
Indonesia intervenes as rupiah nears 16,000 per dollar level
November 15, 2024
INDONESIA’S central bank intervened in currency markets to support the rupiah after it weakened towards the psychological level of 16,000 per US dollar. Bank Indonesia is intervening in the...