#foreign exchange

Collection of foreign exchange news, found 1.451 news.

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 ...

4.5 mln migrant workers not registered in the system: BP2MI

At least 4.5 million Indonesian migrant workers are not registered in the system owned by the government due to ...

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 ...

GAPKI optimistic of palm oil industry protecting economy from crisis

The Indonesian Palm Oil Association (GAPKI) stated that the domestic palm oil industry can protect the national economy ...