Indonesia-South Korea Trade Transactions Will Use Rupiah and Won
Trade transactions between Indonesia and South Korea will start to use rupiah and won as substitutes for the US dollar....
Rupiah
Bank Indonesia: Inflation Could Approach 5 percent
Bank Indonesia (BI) Governor Perry Warjiyo has said the inflation rate in Indonesia will be at a higher level than...
New Rp1,000-100,000 Banknotes Launched
Bank Indonesia (BI) has officially released new banknotes for the 2022 issue of denominations between Rp1,000-100,000. BI Governor Perry Warjiyo...
The Rupiah Weakens of News of COVID-19 Cases
The exchange rate of the rupiah against the US dollar moved lower in trading on Wednesday 16th June, with the...
Rupiah Improves 0.4% Friday’s Close: Jokowi to Lower Corporate Taxes
President Joko Widodo has vowed to undertake several reforms to attract foreign investment. As he starts to serve his second...
Rupiah Projected to Strengthen due to Possible US-China Trade
Analysts projected the rupiah to strengthen today over external factors related to the US-China trade situation. Muhammad Alfatih, a senior...
Indonesian Man Pays US$10,000 Alimony in Coins
An Indonesian civil servant who owed his ex-wife a large alimony has paid back about US$10,000 worth of missed payments...
Why is the Indonesian Rupiah Almost at Rp 14,000 per US Dollar?
The Indonesian Rupiah is now approaching the Rp 14,000 per US Dollar level after it depreciated on Monday by 0.59...
Rupiah – US Dollar Exchange Rate Will Remain Volatile Until Late March
Bank Indonesia (BI) Governor Agus Martowardojo has predicted that the Indonesian Rupiah’s exchange rate against the US Dollar will continue...
Bitcoin Could Destabilize Financial System, Warns Bank Indonesia
Trading in cryptocurrencies such as Bitcoin could lead to losses and destabilize Indonesia’s financial system, declared Bank Indonesia in a...
Indonesia set to Ban Bitcoin to Protect Rupiah
Indonesia has vowed to ban Bitcoin and all forms of cryptocurrency, which it views as a threat to the rupiah,...
Prepare to Farewell Rupiah’s Zeroes If Central Bank Has Its Way
Dropping some zeroes from Indonesia’s currency has long been touted by the country’s central bank, community groups and lawmakers, but...
Bank Indonesia Puts Money On Redenomination of the Rupiah
The central bank Governor Agus Martowardojo said the macroeconomic condition is currently stable and healthy enough to support redenomination....
Bank Indonesia To Cap Foreign Banknotes Entering Country
From March 5, 2018, carrying foreign banknotes equal or more than US$75,148 will be illegal if not registered with Bank...
China’s Economic Slowdown Stifles Local Trade and the Rupiah
China’s economic slowdown has affected trade in Indonesia and the value of the rupiah. The archipelago could be set for...
Central Bank and Government Watch Closely as Rupiah Continues to Fluctuate
Analysts say Indonesia’s rupiah will further fluctuate. Meanwhile, the government and Central Bank experiment with stimulus packages and market intervention....
Amid Rupiah Surge, Drop In Reserves Shows Indonesian Fragility
Last month’s drop in Bank Indonesia’s foreign-exchange reserves, even as the rupiah led emerging markets to surge 7 percent,...
Google Slaughters Indonesia in 2013
Google is one of the largest companies in the world. In fact, it is so large a company that you...
Faking It
Advances in computer technology and printing are making it easier to forge money. One of the hardest details to fake...