#foreign exchange

Collection of foreign exchange news, found 1.457 news.

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 ...

Minister kicks off pilgrimage tourism promotion

Tourism Minister Arief Yahya kicked off activities to promote pilgrimage tourism which has so far not been optimally ...

Belitung tourism expected to become economic powerhouse

The promising tourism sector in Indonesias Belitung islands is expected to become an economic powerhouse for the local ...

BCA considering cutting interest rate on deposits

PT Bank Central Asia (BCA) Tbk said it is still waiting and seeing the possibility of cutting its deposit interest ...

RI`s forex reserves down US$3.6 billion

Indonesias foreign exchange reserves fell US$3.6 billion to US$101.7 billion at the end of September from US$105.3 ...

Cut in holding period for SBI to draw investment: BI

Bank Indonesia Governor Agus Martowardojo said the decision to cut the holding period for Bank Indonesia Certificate ...

Deposit interest tax cut may strengthen rupiah: Darmin

Chief economic minister Darmin Nasution said the government hoped exporters would keep their foreign exchange income ...

Government encourages efforts to boost foreign exchange reserves

The Indonesian government is formulating a policy to boost the countrys foreign exchange reserves, Finance Minister ...

Government to revise down growth target to 5.3 percent

Finance Minister Bambang Brodjonegoro has proposed to the House of Representatives (DPR) a revision of the economic ...

President urges banks to strengthen rupiah

President Joko Widodo, who is well known as Jokowi, has urged banks to strengthen the Rupiah by encouraging their ...

Rupiah weakening caused by global financial dynamic: Central bank

The Rupiah has weakened to Rp14.000 per U.S. dollar due to global financial dynamics, said Indonesias Central Bank ...

Market speculation has triggered rupiah weakening: Finance minister

The exchange rate of the Rupiah against the U.S. dollar weakened to a level of Rp14.200 on Tuesday morning, which was ...

Indonesia`s foreign exchange reserves US2.3 billion lower

Indonesias foreign exchange reserves was recorded at US$105.3 billion by the end of August or US$2.3 billion lower ...

Indonesia`s forex reserves secure: BI official

Indonesias foreign exchange (forex) reserves are safe and need not elicit concern, a central bank official said here ...