BENGALURU (Reuters) -Bank Indonesia (BI) will resume its easing cycle on Wednesday with a quarter-point interest rate cut as the rupiah’s recent strength gives the central bank room to focus on ...

Indonesia is looking to strengthen local currency usage in partnership with multilateral development banks (MDBs) amid global economic challenges and to support sustainable development.

JAKARTA: Indonesia's central bank held policy rates steady for a third consecutive review on Wednesday, as expected, aiming to maintain rupiah exchange rate stability amid global uncertainty over ...

Bank Indonesia’s decision to keep its benchmark seven-day reverse repo rate at 5.75% was widely expected.

Indonesia’s foreign exchange reserves gained $2.6 billion last month to reach another record high even as the global markets turmoil battered the rupiah.

Jakarta: The Indonesian central bank, Bank Indonesia (BI), vowed to maintain the stability of the rupiah by optimizing its triple intervention strategy, following the imposition of US "reciprocal ...

DENPASAR, Indonesia (AP) — Indonesian authorities arrested an Argentinian woman and a British man for allegedly smuggling cocaine on the tourist island of Bali, officials said Thursday.

JAKARTA -- Indonesia's central bank on Wednesday tried to tame market concerns over the rupiah's recent depreciation to a 27-year low, saying the situation is far from a repeat of the 1998 ...

Indonesia’s Rupiah Falls to Lowest Level Since Asian Financial Crisis A perfect storm of domestic and international uncertainties has pushed the currency toward the all-time low set in mid-1998.

JAKARTA -- The Indonesian rupiah has fallen to its lowest level against the U.S. dollar in over a quarter century, reaching 16,640 on Tuesday, a level not seen since the Asian Financial Crisis of ...

On Mar 25, the Indonesian rupiah reached its lowest levels since June 1998. This comes against the backdrop of concerns over the nation's fiscal direction and geopolitical turmoil.

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 US dollar since March 2020.