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JAKARTA] Indonesia’s sovereign yield curve is set to steepen as the central bank reduces its use of short-term rupiah ...
Market volatility in recent weeks has been driven by two conflicting factors - geopolitical risks and the prospect of a ...
The rupiah pared losses on Tuesday (Mar 25), after it touched a three-decade low, to close at 16,595 after Bank Indonesia stepped in to support the currency. Traders have been rattled by Prabowo’s ...
The Indonesian central bank held its benchmark seven-day reverse repo rate at 6.00% on Wednesday, a decision that economists had widely expected in light of the rupiah’s recent depreciation.
Indonesia’s central bank kept rates on hold even as slowing growth backs the case for a cut, opting to lend support to the rupiah as it watches to see how U.S. tariffs develop. Bank Indonesia ...
THE Indonesian rupiah declined to its weakest level since the Asian Financial Crisis as fears mounted over the nation’s fiscal trajectory, putting pressure on the central bank to step up efforts ...
Overnight all 1,000-and 500-rupiah notes were arbitrarily cut to one-tenth of their value (though smaller bills were not changed); 90% of every bank deposit over 25,000 rupiahs was frozen, so that ...
Indonesian Stocks, Rupiah Slide as Markets Digest Tariff Shock. Share. ... China, could worsen Indonesia's already dimming near-term growth prospects, economist Enrico Tanuwidjaja said in a note. ...