#exchange rate

Collection of exchange rate news, found 1.069 news.

BI raises key rate by 25bps to 5.5%

Bank Indonesia (BI) on Thursday decided to raise its key rate or the BI 7-Day Reserve Repo Rate (BI7DRR) by 25 basis ...

President points to declining foreign ownership in SBN

President Joko Widodo (Jokowi) drew attention to a continued decline in foreign ownership in Government Securities ...

Weak rupiah may pull down forex reserves: economist

The weakening of the Indonesian rupiah's exchange rate may pull down the country's foreign exchange reserves, ...

November inflation reached 0.09 percent: BPS

Statistics Indonesia (BPS) reported that inflation in November 2022 reached 0.09 percent compared to the previous month ...

BI prepares five policy mixes to tackle 2023 global turmoil

Bank Indonesia (BI) has prepared five policy mixes for next year in order to strengthen Indonesia's resilience, ...

BI endeavors to make inflation rate normal by 2023

Bank of Indonesia (BI) Governor Perry Warjiyo vouched to suppress inflation back to normal, at three percent, give or ...

BI optimistic of 4.5--5.3% economic growth in 2023

Governor of Bank Indonesia (BI) Perry Warjiyo on Wednesday expressed optimism that Indonesia's economy ...

Hyatt continues asset-light growth strategy with plans to acquire Dream Hotel Group

Hyatt Hotels Corporation (NYSE: H) and Dream Hotel Group announced an agreement for a Hyatt affiliate to acquire Dream ...

BI's budget projected to suffer Rp19.99-trillion deficit in 2023

Bank Indonesia (BI) Governor Perry Warjiyo has forecast the central bank's budget to suffer a deficit of Rp19.99 ...

BI targeting to reduce inflation to 3.61% in 2023

Bank Indonesia (BI), in its Annual Budget Plan, has set the target of bringing down the Consumer Price Index (CPI) ...

BI buys Rp974.09-trillion SBN in primary market until Nov 15

Bank Indonesia (BI) bought government bonds (SBN) worth Rp974.09 trillion in the primary market during the period from ...

BI raises key rate by 50 bps to 5.25 percent

Bank Indonesia (BI) decided on Thursday to raise its key interest rate by 50 basis points to 5.25 percent, from 4.75 ...

PPSK bill to preserve BI, OJK, LPS independence, assures govt

The independence of Bank Indonesia (BI), the Financial Services Authority (OJK), and the Deposit Insurance Corporation ...

G20 Indonesia

G20 collaboration to help restore global economy: BI

Collaboration among G20 countries in formulating policies is expected to play a role in global economic recovery amid ...

Nickel, electric battery industry development can boost economy: Citi

The development of the export-oriented nickel and electric car battery industry in Indonesia has the potential to ...