#foreign exchange

Collection of foreign exchange news, found 211 news.

Bank lending rate should be lowered to stimulate investment: VP

The bank lending rate, which currently stands above 10 percent, should be lowered as part of the efforts to stimulate ...

RI may benefit from yuan`s inclusion in SDR basket

Indonesia may benefit from the International Monetary Funds (IMFs) decision to include the Chinese yuan in its basket ...

Support palm oil industry to bring more forex earnings: Minister Sulaiman

The palm oil industry must be supported as it produces a strategic commodity, which can bring significant foreign ...

BI maintains interest to prevent capital outflow

Bank Indonesia (BI) said it has maintained its benchmark interest rate (BI rate) at 7.5 percent this year to prevent ...

State companies asked to hedge dollar borrowing

State-Owned Enterprises Minister Dahlan Iskan said he had instructed all state companies (BUMNs) to hedge their dollar ...

Investors welcome Indonesian eurobond: Chatib Basri

Investors have shown strong interest in Indonesias euro-denominated bond issued recently, stated Finance Minister ...

Central bank announces holiday on election day

Indonesias central bank, Bank Indonesia, has announced that there will be no banking activities on July 9, 2014, due ...

Rupiah under pressure due to thin market: BI

The rupiah has been under pressure for the past few days as the countrys financial market is not yet deep in addition ...

Goldenway Announces the Two-Year Agreement Extension of Swansea City Football Club as Their Major Sponsor

- Goldenway, a global financial services provider, has today confirmed the two-year extension of Swansea City Football ...

Rupiah weakens against US dollar

Bank Indonesia (BI) said the rupiah lost 0.81 percent in value against the US dollar on the average to a level of ...

RI`s forex reserves rise to $107 billion in May

Indonesias foreign exchange reserves in the year ended May 31, 2014, rose to US$107 billion from US$105.6 billion in ...

Rupiah gains against us dollar

Rupiah closed stronger on Friday trading at the level of 11,835 per US dollar from 11,860 earlier on an increase in ...

Rupiah regains some of its lost value against US dollar

The Indonesian currency rupiah regained some of its losses against the US dollar in the first minutes of trade on ...

BI launches market code of conduct

Bank Indonesia (BI) Governor Agus Martowardojo on Monday launched the Market Code of Conduct (CoC) published by the ...

Bank Indonesia has taken legal steps against Bank Century owners

Vice President Boediono announced that Bank Indonesia (BI) had taken legal action against the owners of the ailing ...