Indonesia's Central Bank Revives Plan to Cut Three Zeroes From Rupiah - Bloomberg
The rupiah is one of the highest denominated notes in Asia, and Bank Indonesia has proposed cutting three zeroes from the currency to simplify payments. A similar plan mooted four years ago was abandoned amid the taper tantrum, when the Federal ...
Currency News: Indonesia's Rupiah Appreciating Sharply vs US Dollar' - Indonesia Investments (press release)
The Indonesian rupiah is appreciating sharply on Thursday (05/01) as the US dollar retreats from its (near) 14-year peak against a basket of major global currencies ahead of the release of the US Federal Reserve's December policy meeting minutes.altro »
Goldman Sachs Group Optimistic on the Indonesian Economy - Indonesia Investments (press release)
Due to capital outflows in Q4-2016 and the bullish US dollar, the Indonesian rupiah was again under pressure. However, rupiah weakening was rather short-term only, while the central bank of Indonesia (Bank Indonesia) intervened heavily to support the ...
Zero hour: Indonesia debates rupiah redenomination - Bangkok Post
What would eliminating three zeroes from Indonesian rupiah banknotes mean to people? For many, it would make calculation a lot simpler. It would also change perceptions of what things really cost. For Hariyadi, a Jakarta-based architect and contractor, ...
Latest Changi Millionaire: Indonesian who bought $51 T-shirt for friend - The Straits Times
His prize money works out to 9.3 billion Indonesian rupiah - a sizable sum when the country's GDP per capita is 46 million rupiah as of 2013. "I want to bring my whole family to Mecca, maybe buy a new house, a new car," he said. Mr Ade is married with ...altro »
Rupee closes at two-week high against US dollar - Livemint
Japanese yen was up 1.2%, China offshore 0.92%, Singapore dollar 0.83%, China renminbi 0.66%, South Korean won 0.65%, Philippines peso 0.59%, Taiwan dollar 0.47%, Thai Baht 0.37%, Indonesian rupiah 0.22%, Malaysian ringgit 0.1%. Traders ...altro »
Indonesian Stocks Extending Rally, Rupiah Slightly Weaker' - Indonesia Investments (press release)
Indonesian stocks surged further on Wednesday (28/12). The benchmark Jakarta Composite Index (IHSG) was up 1.75 percent to 5,192.19 points by 11:00 am local Jakarta time on Wednesday, extending the impressive 1.50 percent jump one day earlier that ...
Indonesia Inc looks to refinance debt onshore as dollar rises - Nasdaq
Chandra Asri Petrochemical also turned to the domestic bond market in November, when it issued Rp500bn of rupiah bonds to replace dollar debt. RISING DEMAND The trend coincides with efforts of Indonesian authorities to encourage more domestic ...altro »
Bank Indonesia reveals slick new rupiah notes and coins design - Coconuts Jakarta
The new currency is being dubbed the NKRI Edition, as all designs incorporate the term “Negara Kesatuan Republik Indonesia” (The Unitary State of the Republic of Indonesia). The new currency was launched by BI at 9am today. The public is able to ...
Rupee closes higher against US dollar at 68.10 - Livemint - Livemint
Rupee erased all the morning losses and closed marginally higher. It closed at 68.10 a dollar, up 0.09% from Friday's close of 68.16.altro »