14 stories tagged #rupiah

  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. 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
  4. 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
  5. Fitch Ratings: Indonesia Deficit Breach Possible Without Immediate Downgrade
    finance

    Fitch Ratings: Indonesia Deficit Breach Possible Without Immediate Downgrade

    Fitch Ratings suggests Indonesia may exceed its 3% deficit limit temporarily due to Middle East conflict without an immediate credit rating downgrade. Long-term breaches pose risks.

    last mo. 1 min read
  6. Singdollar Surges: Safe Haven Status and MAS Policy Drive Record Highs
    finance

    Singdollar Surges: Safe Haven Status and MAS Policy Drive Record Highs

    Explore why the Singapore dollar is reaching record highs against key Asian currencies amidst global uncertainty and rising inflation.

    last mo. 1 min read
  7. 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
  8. Rupiah Tumbles Amid Mideast Turmoil; BOJ Rate Cut Odds Unchanged
    finance

    Rupiah Tumbles Amid Mideast Turmoil; BOJ Rate Cut Odds Unchanged

    Indonesia's rupiah faces pressure from Middle East tensions, while Bank of Japan rate cut probabilities show little movement, indicating market stability despite external risks.

    last mo. 1 min read