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Tags Posts tagged with "Indonesian rupiah"

Indonesian rupiah

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Indonesia’s currency, the rupiah, is likely poised to become Asia's best-performing currency for the rest of the year as rising commodity prices are pushing...
Indonesia rupiah hits 17-year low on slowing economy

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Indonesia's rupiah dropped to a 17-year low against the US dollar on June 4, pressured by slowing economic growth and high inflation in Southeast...
Big fund managers bullish about Indonesia

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Despite Indonesia’s widening current account deficit, major fund managers globally are holding on to their rupiah assets as they maintain a bullish outlook about...
Indonesia sells 1 billion euros of sovereign bonds in debut

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Indonesia's debut sale of euro bonds attracted bids for almost seven times the 1 billion euros ($1.4 billion) sold, as the country took advantage...
Indonesia eyes 7-8% growth from 2016

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Indonesia will continue to tread a cautious monetary path over the next two years to shore up the economy’s fundamentals, but could expect to emerge...
Indonesia’s exports surged in December 2013

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Indonesia posted its third straight monthly trade surplus in December 2013 and its biggest in two years, the country's statistics bureau said on February...
Indonesia aims at 15% more foreign investment

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Indonesia on January 21 set an ambitious target of attracting 15 per cent more foreign investment in 2014 than in 2013, a challenging goal...
Indonesia heading for economic disaster – analyst

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Despite making progress over the past years with annual GDP growth of 6 to 8 per cent, the Indonesian economy has lately been experiencing...
Indonesia sees slower Islamic banking growth in 2014

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Indonesia's central bank said that the growth of Islamic banking assets will slow in 2014 due to rising pressure from trade deficits and a...
Indonesia surprises market with rate increase

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Indonesia's central bank on November 12 unexpectedly raised its benchmark interest to 7.5 per cent, according to an emailed statement by the bank. Governor Agus...
World Bank confident of Indonesia despite pressures

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The World Bank says Indonesia can cope with current economic pressures due to its strong economic fundamentals and fiscal policy, according to a statement...
Indonesia to ease curbs on foreign investment

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The Indonesian government said on November 6 it will allow foreign investment in airports and ports as the government seeks to revitalise an economy...
Demand for Indonesia sukuk below expectations

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Indonesia's finance ministry raised 429 billion rupiah ($38.81 million) from new Shariah bonds on October 29, the ministry's debt office said, far below an...
Asian markets upbeat on US debt deal

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Global markets welcomed a last-minute deal in Washington to reopen the federal government and avoid a debt crisis, with Asian stocks and bonds following...
Indonesia seals $10b currency swap with South Korea

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Indonesia and South Korea on October 12 agreed to enter a bilateral, three-year currency swap deal worth up to $10 billion, which could help...
World Bank cuts Indonesia’s growth forecast

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The World Bank has cut its economic forecast for Indonesia for 2013 and 2014, citing weaker commodity prices, tighter global liquidity and slowing domestic...
Indonesia’s economy gets some relief

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Indonesia on October 1 reported a surprise trade surplus for August 2013, its first in five months, offering some relief to the ailing rupiah,...
Indonesia’s rupiah slumps to new low

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Indonesia's currency, the rupiah, fell to a new low on September 24 and traded at 11,580 against the US dollar, cementing the rupiah's role...