#foreign exchange

Collection of foreign exchange news, found 1.440 news.

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 ...

Demand for coconut flour in Europe remains high

Europes demand for coconut flour products from North Sulawesi remained high at the end of 2015 due to the rising need ...

Mandatory rupiah transaction would not inhibit investment: Central bank

The obligation imposed by the Bank of Indonesia (BI), the countrys central bank, to use Rupiah in domestic ...

China supports Indonesia`s liquidity and infrastructure projects

Liquidity assistance worth US$20 billion provided by China, through a bilateral currency swap scheme, will strengthen ...

Lake Toba among 10 tourism destinations prioritized by government

Lake Toba is one of the 10 main tourist destinations whose development is being prioritized by the government, Tourism ...

Policy packages expected to boost growth next year

The series of economic policy packages announced by the government since September will start impacting the economy in ...

Paris attacks seen causing short-term global markets drop

Stocks in major markets are set for a short-term sell-off on Monday after suspected Islamist militants launched ...

Rizal Ramli presents business opportunities before US-ASEAN business council

Coordinating Minister for Maritime Affairs Rizal Ramli showcased several business opportunities in the maritime sector ...

TPPI to reduce gasoline imports: President

The Trans Pacific Petroleum Indonesia (TPPI) refinery will be able to reduce gasoline imports by up to 36 percent, ...

Government to encourage tourism in underdeveloped regions

The Indonesian government is trying to encourage tourism in underdeveloped areas as it also has the potential to earn ...

Indonesia`s foreign exchange reserves down US$1 billion

Indonesias foreign exchange reserves were recorded at US$100.7 billion, or dropped by US$1 billion until October from ...

Tourist arrivals may surpass 10-million target this year

The number of tourist arrivals hit a nine-month high of 869,179 in September 2015, shoring up optimism about achieving ...

PLN suffers a net loss of Rp27.4 trillion in 3rd quarter

The National power utility company PT Perusahaan Listrik Negara (PLN) suffered a net loss of Rp27.4 trillion in the ...

Western Union Introduces WU Connect Platform, Expanding Cross-Border Money Transfer via Mobile and Social Media

- The Western Union Company (NYSE: WU), a leader in global payment solutions, today launched WU® ConnectSM, ...

Factors triggering rupiah rebound

The national currency rupiah made an upward leap early October giving rise to hope that the economy is on its way to ...