Bank Indonesia will hold interest rates steady on Wednesday to protect the rupiah from further depreciation amid growing ...

Bank Indonesia will hold interest rates steady on Wednesday to protect the rupiah from further depreciation amid growing ...

Bank Indonesia (BI) is expected to keep its benchmark seven-day reverse repurchase rate at 5.75% on Wednesday, prioritizing ...

Indonesia's central bank conducted a "bold" intervention in the foreign exchange market on Friday, an official said, after the rupiah fell to its lowest level against the U.S. dollar since March 2020.

The rupiah value fell by 72 points compared to the previous close. Currency observer Ibrahim Assuaibi predicts that the ...