Even so, the rupiah's upside remains limited by domestic concerns, especially the economic impact of the Sumatra floods.
The director of PT Traze Andalan Futures, Ibrahim Assuaibi, predicts that the rupiah currency is likely to weaken in the trading session next Monday.
Bank Indonesia’s vow to prioritize currency stability as it tries to boost growth may cushion the rupiah at a time when investors are avoiding the nation’s assets, analysts said.
Indonesia’s rupiah is trading at record lows against the US dollar, stirring memories of the 1997-98 Asian financial crisis. While the rupiah has been battered by the market uncertainty stemming from ...
The governor of Indonesia's central bank said on Monday that Bank Indonesia would next year bring the rupiah to trade at ...
Indonesia To Lop The Zeroes Off Its Rupiah. JAKARTA – Indonesia is preparing to take a technically neutral yet symbolically ...
The Indonesian rupiah will probably extend this year’s 4% decline due to fragile investor confidence, spurring further intervention by the central bank to stem volatility, according to analysts. MUFG ...
MELBOURNE – The Indonesian rupiah pared losses after the country’s central bank intervened to prop up the currency from its weakest level since the Asian financial crisis. The rupiah fell 0.5 per cent ...
Bank Indonesia, Indonesia’s central bank, is reviving a plan to redenominate the rupiah, for the second time in three years. This announcement came on Monday, as Bank Indonesia issued new notes. The ...