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Indonesia's Tough Love Won't Crisis-Proof Its Currency - Bloomberg
The Philippines' central bank was seen as behind the curve in tightening rates in the spring and only caught up to Indonesia's 1 percentage point hike last week, yet the peso has outperformed the rupiah this year. Meanwhile, the rupee hardly did any ...
Bank Indonesia Is Intervening to Stabilize Rupiah - Bloomberg
The Indonesian rupiah took one of the biggest hits, falling the most in Asia today, before the central bank said it was intervening to stabilize the currency. Bloomberg's Michelle Jamrisko reports on "Bloomberg Markets: Asia." (Source: Bloomberg) ...
Rupiah Headwinds Blow as Policy Makers Prepare for Rate Decision - Bloomberg
Policy makers will probably raise the seven-day repurchase rate by another 25 or 50 basis points to buy more insurance for the rupiah, Varathan said, without giving a time frame. Bank Indonesia has also been utilizing its foreign-exchange reserves in ...
Bumitama Agri Q2 profit grows 36.1% to 388b rupiah on higher palm production - The Straits Times
SINGAPORE - Bumitama Agri's second-quarter net profit rose 36.1 per cent to 388.06 billion Indonesian rupiah (S$36.6 million) on higher sales volume amid a recovery in palm production, the Indonesian palm oil producer announced on Tuesday (Aug 14) ...altro »
Asian currencies weaken; Indonesian rupiah leads losses - Nasdaq
Latest bid. End 2017. Pct Move. Japan yen. 110.240. 112.67. +2.20. Sing dlr. 1.375. 1.3373. -2.76. Taiwan dlr. 30.790. 29.848. -3.06. Korean won. 1132.200. 1070.50. -5.45. Peso. 53.230. 49.93. -6.20. Rupiah. 14560.000. 13565. -6.83. Rupee. 68.825. 63.87.
Of Indonesian rupiah, Jakarta traffic jams, and IOA's miserly ways - Onmanorama
It is after a long gap of 56 years Indonesia is hosting the Asian Games and the capital city of Jakarta is full of hoardings with 'Sukseskan Asian Games' or make the Asian Games a success. Promotional videos of the event too are flashed across the city ...altro »
Indonesia's Widodo defends falling currency in unconventional ways - Nikkei Asian Review
The Indonesian rupiah has been one of the worst-performing currencies in Southeast Asia in 2018, as the U.S. Federal Reserve continues with a series of interest rate hikes. A falling rupiah could translate into higher inflation, something that Widodo ...altro »
India's rupee hits an all-time low as the Turkish lira crisis spills over to other currencies - Business Insider
The Indian rupee briefly fell to an all-time low of 70.1 per US dollar in Tuesday trade. Indonesia's currency also fell to a multi-year low as government ministers discussed strategies to prop up the currency. JP Morgan's emerging markets foreign ...
EM ASIA FX-Asian currencies weaken; Indonesian rupiah leads losses - Reuters
Aug 13 (Reuters) - The following table shows rates for Asian currencies against the dollar at 0138 GMT on Monday. CURRENCIES VS U.S. DOLLAR Currency Latest bid Previous day Pct Move Japan yen 110.240 110.92 +0.62 Sing dlr 1.375 1.3733 -0.15 ...
SE Asia Stocks-Indonesian shares plunge amid rout in EM currencies, stocks - Reuters
The Turkish lira and the Indian rupee plunged to all-time lows on Monday, while the Indonesian rupiah slid to a near three-year low. "Emerging markets have very weak current account balance which would have very negative impact," said Taye Shim, head ...