#exchange rate

Collection of exchange rate news, found 157 news.

Nat`l economy to grow only 6.5 pct in 2012 : BI

Indonesia`s economy in 2012 will grow 6.5 percent, or slower than 6.7 percent as assumed in the Draft 2012 State ...

Rupiah may drop to Rp9,200 : Observer

An observer predicts the rupiah will continue to depreciate to reach Rp9,200 against the US dollar due to market ...

RI`s forex reserves sufficient to safeguard rupiah : BI official

Indonesia`s foreign reserves are strong enough to safeguard the rupiah from money market pressures caused by the ...

Rupiah corrected by 80 points

Indonesia`s rupiah currency dropped 80 points against the US dollar on Monday driven by foreign investors` moves to ...

Central bank optimistic rupiah to appreciate soon

Bank Indonesia (BI/the central bank) believed that the local currency rupiah would soon appreciate again because its ...

BI to maintain rupiah stability

Bank Indonesia (BI/the central bank) has not yet decided to halt the appreciation of the rupiah against the greenback ...

Govt asked to divert Chevron gas to PLN

A legislator has called on the government to divert gas supply from PT Chevron Pacific Indonesia to state-owned power ...

Govt proposes power subsidy of Rp58 tln for 2012

The government has proposed electricity subsidy of Rp58.72 trillion for 2012 to the House of Representatives, a 44.28 ...

Legislator rejects govt plan to raise hajj pilgrimage cost

A legislator of the House of Representatives (DPR) Commission VIII on religious affairs said he was opposed to the ...

BI: Rupiah to continue appreciating

Bank Indonesia (BI) Governor Darmin Nasution said the country`s rupiah currency would continue to strengthen until the ...

House agrees to deliberate draft 2012 state budget

The House of Representatives (DPR) at a plenary session on Wednesday agreed to discuss the draft 2012 State Budget ...

Pertamina after a net profit of Rp17.9 trillion in 2012

State oil company PT Pertamina has set itself a target of securing a net profit of Rp17.9 trillion in 2011, a Rp200 ...

Govt believes inflation to remain under control

The government believes inflation could be controlled despite the rising world oil prices as a result of political ...

Rupiah`s appreciation had no impact on RI`s competitiveness : BI

The upward trend in the rupiah`s exchange rate at the end of February has not had any impact on Indonesia`s ...

Finance minister: crude price hike to increase deficit

Finance Minister Agus Martowardojo said the Indonesia Crude Price (ICP) hike which was possible due to increasing ...