#local currency

Collection of local currency news, found 41 news.

Indonesia to issue Panda Bonds to reduce US dollar reliance

Indonesia’s plan to issue its renminbi-denominated Panda Bonds worth approximately US$1 billion serves as part of ...

Indonesia calls stronger governance as risks become normal

The Indonesian government said global uncertainty has become the "new normal" and pledged to strengthen ...

National bullion bank accumulates 153 tons of gold: ministry

Indonesia's national gold bank, or bullion ecosystem, has accumulated approximately 153 tons of gold in the 17 ...

Indonesia aims to be industrial partner, not just market: minister

Industry Minister Agus Gumiwang Kartasasmita emphasized that Indonesia is no longer positioning itself merely as an ...

Indonesia targets US$1 billion Panda Bond issuance: minister

Indonesia is targeting an initial issuance of US$1 billion in Panda Bonds in China to diversify development financing ...

BI records US$1.06 billion foreign capital inflows after rate hike

Bank Indonesia said foreign investors poured Rp19.02 trillion (US$1.06 billion) into SRBI and government bonds after ...

Indonesia, China expand cooperation in training and technology

Indonesia and China have agreed to broaden cooperation in human resource development, technology transfer, and ...

RI, China strengthen local currency, cross-border payment cooperation

Bank Indonesia (BI) and the People's Bank of China (PBOC) have expanded financial cooperation to promote the use of ...

BI sees Indonesia's 2027 growth at upper end of 5.1-5.9 pct range

Bank Indonesia (BI) expects the country's economic growth to reach the upper end of its projected 5.1-5.9 percent ...

Indonesia seeks to increase manufacturing export share to 30 percent

The Indonesian Ministry of Industry is seeking to increase the manufacturing sector's export share from 20 percent ...

Rupiah's depreciation not to hurt domestic industry: minister

Deputy Minister of Industry Faisol Riza said the depreciation of the rupiah is unlikely to significantly affect ...

BI ramps up market intervention as rupiah hits Rp18,000 per US dollar

Bank Indonesia (BI) has ramped up its market interventions to defend the rupiah after the currency breached a historic ...

Indonesia moves to stabilize rupiah amid market volatility

Finance Minister Purbaya Yudhi Sadewa stated that the government stands ready to intensify coordination with the ...

BI sees QRIS-JPQR link boosting Indonesia-Japan trade

Bank Indonesia Deputy Governor Filianingsih Hendarta believes the value of trade transactions between Indonesia and ...

Indonesia allows exporters to hold yuan for commodity earnings

Bank Indonesia (BI), the country's central bank, has expanded its natural resource export revenue framework to ...