#foreign exchange

Collection of foreign exchange news, found 1.439 news.

Govt must prioritize domestic medical devices during procurement: MPR

The People's Consultative Assembly (MPR) has highlighted the need for prioritizing national products in the ...

Property prices rise 1.49% in Q2 of 2021

Residential property price roses in the second quarter of 2021, according to Bank Indonesia’s residential ...

National banks encouraged to promptly implement BI-FAST Payment

National banks are encouraged to promptly implement BI-FAST Payment, to replace Bank Indonesia’s National ...

News Focus

Benefits of seaweed cultivation for Indonesian economy

American musician Davendra Banhart once said in an interview that it would be nice to be a seaweed since all it does is ...

LPS plans to lower guaranteed interest rate to aid economy

The Indonesian Deposit Insurance Corporation (LPS) is planning to lower the guaranteed interest rate to support ...

Electric vehicles program to expedite green energy transition

The battery-based electric vehicles program aims to realize clean energy transition, according to Director of ...

Foreign exchange reserves reach US$137.3 billion by July-end 2021: BI

Indonesia’s foreign exchange reserves reached US$137.3 billion by the end of July 2021, or increased from ...

LCS transaction value with Malaysia, Japan recorded positive: BI

Bank Indonesia (BI) pointed to positive and significant development in the transaction value using the Local Currency ...

BI, Japanese finance ministry strengthen local currency cooperation

Bank Indonesia and Japan’s Ministry of Finance (JMOF) have agreed to strengthen the framework for local currency ...

Indonesia's F&B industry utilization at 89% amid pandemic: ministry

- in the first half of 2021 amid the pandemic, as per ministry data. To support the performance of the food and ...

Indonesia succeeds as biodiesel pioneer: ESDM Ministry

Achievement of the B30 biodiesel development program demonstrates Indonesia's success as a B30 pioneer, Dadan ...

Tourism Minister urges students to help revive economy

Minister of Tourism and Creative Economy Sandiaga Salahuddin Uno has urged students to become agents of revival in ...

Rupiah tanks over new surge in COVID-19 cases

The rupiah's exchange rate to the US dollar traded at the Jakarta interbank market on Friday morning weakened ...

News Feature

Reviving Indonesia's self-reliance in soybean production

At the beginning of 2021, residents of the Greater Jakarta Area, including Bogor, Depok, Tangerang, and Bekasi, found ...

Foreign exchange reserves touch US$137.1 bln at June-end

Indonesia's foreign exchange reserves rose to US$137.1 billion at the end of June, 2021 from US$136.4 billion at ...