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.

Pressure on the rupiah, according to BI, is further seen in the augmentation of Credit Default Swap (CDS) premiums for Indonesia with a 5-year tenor.

J AKARTA (Reuters) - 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 ...