11 stories tagged #Bank Indonesia

  1. Indonesia and India Intervene as Oil Surge Batters Asian Currencies
    finance

    Indonesia and India Intervene as Oil Surge Batters Asian Currencies

    Bank Indonesia raised rates and spent billions to defend the rupiah. India also intervened as Middle East tensions fueled a dollar flight.

    5d ago 1 min read
  2. Bank Indonesia Expected to Hike Key Rate to 5.00% on Wednesday
    finance

    Bank Indonesia Expected to Hike Key Rate to 5.00% on Wednesday

    Slim majority of economists predict a 25 bps rate hike as the weak rupiah pressures policy.

    2w ago 1 min read
  3. Asian Currencies Hit Multiyear Lows as Oil and Yields Surge
    finance

    Asian Currencies Hit Multiyear Lows as Oil and Yields Surge

    Rising crude prices and US Treasury yields are driving capital back to the dollar, pressuring Asian currencies.

    2w ago 2 min read
  4. Indonesia Tightens Dollar-Buying Rules to Prop Up Rupiah
    finance

    Indonesia Tightens Dollar-Buying Rules to Prop Up Rupiah

    Bank Indonesia lowers the threshold for dollar purchases to support the rupiah, which hit an all-time low despite strong GDP growth.

    last mo. 1 min read
  5. Indonesia's Economy Beats Forecasts with 5.61% Q1 Growth
    finance

    Indonesia's Economy Beats Forecasts with 5.61% Q1 Growth

    Indonesia's Q1 GDP grew 5.61%, exceeding expectations. Driven by manufacturing, trade, and agriculture, the growth is the fastest since Q3 2022.

    last mo. 1 min read
  6. Bank Indonesia Holds Rates Steady Amid Inflation Fears Fueled by Iran Conflict
    finance

    Bank Indonesia Holds Rates Steady Amid Inflation Fears Fueled by Iran Conflict

    Bank Indonesia is expected to maintain its benchmark rate at 4.75% through 2026, as rising inflation and currency pressures linked to the Iran conflict limit policy easing options.

    last mo. 1 min read
  7. Indonesia's Central Bank Intervenes as Rupiah Hits Record Low
    finance

    Indonesia's Central Bank Intervenes as Rupiah Hits Record Low

    Bank Indonesia steps in to stabilize the rupiah amid record lows and global market pressures.

    2mo ago 1 min read
  8. Bank Indonesia Acts as Rupiah Tumbles to Record Low
    finance

    Bank Indonesia Acts as Rupiah Tumbles to Record Low

    Bank Indonesia intervenes in FX markets to stabilize the rupiah amid global pressures and a record low against the dollar. Officials cite geopolitical factors.

    2mo ago 1 min read