#depreciation

Collection of depreciation news, found 66 news.

BI rate hike boosts investor confidence as rupiah rebounds

Bank Indonesia’s decision to raise its benchmark interest rate (BI rate) by 25 basis point was considered a ...

Indonesia turns to barter trade to reduce US dollar dependence

Trade Minister Budi Santoso said barter trade arrangements are among the government's strategies to reduce demand ...

Three-month rice aid extension targets 33.2 million Indonesians

Coordinating Minister for Food Affairs Zulkifli Hasan announced a three-month extension to a food aid program, offering ...

Indonesia prepares soybean subsidy to curb rupiah impact

The Indonesian government has decided to provide a soybean subsidy of Rp2,000 per kilogram, mobilizing state logistics ...

Indonesia acts to prevent food price shocks amid rupiah slump

The Indonesian government has intensified its monitoring of food supplies and pricing to shield the national food ...

Stronger USD against rupiah creates momentum for exports: Minister

Agriculture Minister Andi Amran Sulaiman said the strengthening of the US dollar against the Indonesian rupiah could ...

Indonesia not heading toward another 1998 economic crisis: Minister

Finance Minister Purbaya Yudhi Sadewa stated that Indonesia is not heading toward an economic, financial, and monetary ...

RI, Philippines explore barter schemes amid weakening exchange rates

Trade Minister Budi Santoso said Indonesia is preparing a trade cooperation with the Philippines through a barter ...

Rupiah's depreciation not to hurt domestic industry: minister

Deputy Minister of Industry Faisol Riza said the depreciation of the rupiah is unlikely to significantly affect ...

Indonesian govt debt remains manageable despite rupiah slide: minister

The rupiah's depreciation beyond Rp18,000 per US dollar has not disrupted the government's ability to service ...

BI ramps up market intervention as rupiah hits Rp18,000 per US dollar

Bank Indonesia (BI) has ramped up its market interventions to defend the rupiah after the currency breached a historic ...

Indonesia moves to stabilize rupiah amid market volatility

Finance Minister Purbaya Yudhi Sadewa stated that the government stands ready to intensify coordination with the ...

Indonesia keeps fuel price unchanged despite dollar surge

Indonesia’s subsidized fuel prices, including Pertalite and biodiesel, will remain unchanged despite the rupiah ...

Indonesia sees no need to recalculate budget despite rupiah weakness

Finance Minister Purbaya Yudhi Sadewa said that the government does not need to recalculate the state budget despite ...

Prabowo learns 2008 crisis lessons from SBY economic team

President Prabowo Subianto invited several economic officials from President Susilo Bambang Yudhoyono (SBY)'s ...