#foreign exchange

Collection of foreign exchange news, found 1.439 news.

BP2MI commited to combating human trafficking

The Indonesian Migrant Workers Protection Agency (BP2MI) is committed to combating human trafficking, Head of ...

Ministry targets up to 7.4 mln international tourist arrivals in 2023

Deputy Minister of Tourism and Creative Economy Angela Tanoesoedibjo has said that her ministry is targeting 3.5 ...

Lotte Chemical to build petrochemical plant in Cilegon

South Korea’s Lotte Chemical is ready to invest US$4 billion in the construction of a petrochemical plant in ...

Indonesia to face recession in 2023 with strong economy: Minister

Coordinating Minister for Economy Affairs Airlangga Hartarto stated that Indonesia's strong economic growth in 2022 ...

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, ...

Foreign exchange reserves increase to US$134 billion in Nov

Indonesia’s foreign exchange reserves swelled to US$134 billion at the end of November 2022 from US$130.2 billion ...

Forex earned from exports must be deposited domestically: Widodo

President Joko Widodo (Jokowi) has directed officials to ensure that the foreign exchange earned from exports is ...

Vice President flags off Papua tuna exports to Japan

Vice President Ma'ruf Amin on Friday flagged off an export consignment of 1.4 tons of tuna from the Biak Integrated ...

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 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) ...

Ministry, IFAC seek Papuan farm products exports to US

The Agriculture Ministry and the Indonesian Food and Agriculture Council (IFAC) will hold a roadshow to initiate Papuan ...

Current account in Q3 in surplus of US$4.4 billion: BI

Current account balance in the 2022 third quarter (Q3) recorded US$4.4-billion surplus, or 1.3 percent of the gross ...