rupiah
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financeIndonesia Shocks Markets with Surprise Rate Hike to Defend Plunging Rupiah
Bank Indonesia raises benchmark rate to 5.50% in emergency move to stem rupiah's record lows amid war and investor fears.
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financeIndonesia's Markets in Crisis: Stocks Crash 37%, Rupiah Hits All-Time Low
Indonesia faces a severe financial crisis as stocks plunge 37% from peak and the rupiah hits record lows, prompting a massive exodus of global investors.
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financeIndonesia 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.
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financeBank 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.
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financeIndonesia 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.
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financeIndonesia'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.
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financeFitch 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.
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financeSingdollar 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.