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bank indonesia, rupiah and South Korean won
Indonesia central bank says rupiah's weakness under control
Indonesia's central bank said the rupiah's fall against U.S. dollar was still under control, after the currency slid to its weakest level in more than six months on Thursday following a surprise cut in interest rates the day before.
Indonesian rupiah, Korean won hit by surprise central bank rate calls
The Indonesian rupiah stayed near six-month lows on Thursday, while the South Korean won snapped a three-day winning streak after both countries' central banks shocked investors by eschewing widely anticipated interest rate calls.
EMERGING MARKETS-Rupiah, Korean Won Decline After Central Banks' Surprise Decisions
The surprising decision by the BOK and BI underscores challenges faced by Asian central banks as they try to spur growth and defend their currencies against a towering dollar while preparing for tariffs from the incoming administration of U.S. President-elect Donald Trump.
Bank Indonesia announces rate cut
Indonesia's central bank unexpectedly announced a cut in its key interest rate on Wednesday in a bid to boost economic growth and a weakening rupiah. Bank Indonesia lowered the benchmark seven-day reverse repurchase rate by 25 basis points to 5.
Indonesia surprises markets with a rate cut, rupiah slides
JAKARTA : Indonesia defied market expectations by cutting its key interest rate, moving to bolster economic growth even after the local currency’s recent slide beyond the key level of 16,000 to the dollar. Bank Indonesia (BI) lowered the benchmark BI-Rate by 25 basis points to 5.75% today.
Indonesia’s rupiah hits over 5-month low ahead of rate decision
INDONESIA’S rupiah fell to its lowest in more than five months on Wednesday ahead of the central bank’s monetary policy decision later in the day, while the Thai baht stalled around a seven-week low as dollar remains dominant.
Indonesia's Rupiah Hits Over 6-Month Low, Stocks Jump After Surprise Rate Cut
Indonesia's rupiah fell to its lowest in more than six months while stocks rose nearly 2%, after the central bank delivered a surprise rate cut.
Indonesian Central Bank Announces Surprise Rate Cut
Indonesia's central bank unexpectedly announced a cut in its key interest rate on Wednesday in a bid to boost economic growth and a weakening rupiah.
Indonesian rupiah, Korean won decline after central banks’ surprise decisions
The Indonesian rupiah hit a more than six-month low on Thursday while the South Korean won snapped a three-day winning streak after both countries’ central banks shocked investors by eschewing widely anticipated interest rate calls.
11h
Prabowo’s Indonesia Pushes for Faster Growth at Risk to Rupiah
Indonesia is defying pressure on the beleaguered rupiah to shore up the country’s slowing economy three months into President ...
Jakarta Globe
9h
UI Economist Warn Rupiah Could Weaken Further After BI Rate Cut to 5.75%
Bank Indonesia’s decision to cut the benchmark interest rate to 5.75% has raised concerns about further pressure on the ...
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