Tag Archives: rupiah

The rupiah weakened slightly on Wednesday to Rp 14,863 per US dollar, from Rp 14, 835 on Monday, according to Bank Indonesia’s Jakarta Interbank Spot Dollar Rate (JISDOR). Samuel Sekuritas Indonesia economist Ahmad Mikail said the weakening trend might continue should the dollar index remain at 95. He said the dollar was still in a […]

ESDM Ministry’s Director General of Oil and Gas (Oil and Gas) Djoko Siswanto said, if possible an amendment was made regarding the production sharing contract (PSC) related to the government’s assignment to Pertamina to buy oil lifting from the KKKS. “If you cannot use the regulation, it can work, if it is needed, then the […]

The rupiah exchange rate was opened at the position of Rp14,432 per US dollar (US) in today’s spot market trading, Thursday (9/8). This position strengthened from the close on Wednesday (8/8) which was at the level of Rp14,439 per US dollar. In line with the rupiah, the majority of currencies in the Asian region also […]

The government has asked major exporters to park their export revenue in Indonesia and convert it into rupiah to help bolster the currency’s exchange rate. President Joko “Jokowi” Widodo made the call during his meeting with 40 top Indonesian exporters on Thursday at Bogor Palace in West Java. Also present at the meeting were Indonesia’s richest man, Robert Budi […]

When the rupiah exchange rate continues to fall as it is today, the Composite Stock Price Index (CSPI) seems difficult to return to 6,000 points. However, it does not mean that market participants can not invest in the stock market when rupiah is declined. Because, some export-oriented issuers are cheerful because the weakening of the […]

Bank Indonesia (BI) Governor Perry Warjiyo expects foreign investment to enter Government Securities (SBN) and increase the supply of dollars so as to stabilise rupiah. “Therefore, with the auction (SBN), foreign investors then also start entering and it will do the stability of the exchange rate,” Perry said after a meeting in the Ministry of […]