Jakarta, CNBC Indonesia – Russia was cornered by Western countries due to the war carried out on Ukraine. Various sanctions were also given to the country led by Vladimir Putin. Starting from trade sanctions, finance, to individuals. From the financial sector, at least seven Russian banks and institutions were excluded from the international banking information … Read more
Jakarta, CNBC Indonesia – Many know about the world’s most powerful and stable currency. However, what about the lowest currency? Is the rupiah currency included in the lowest row of currencies? Each country has a different currency exchange rate against the United States (US) dollar. Demand and supply of currency exchange rates become one of … Read more
Jakarta, CNBC Indonesia – The movement of the Russian ruble has taken the financial markets by surprise. How not, less than two months the ruble turned from the weakest currency to the best in the world. The ruble became one of the few currencies that was able to bulldoze the United States (US) dollar, and … Read more
Jakarta, CNBC Indonesia – The rupiah was still unable to rise against the United States (US) dollar in trading Thursday (19/5/2022). Extending the bad record, where throughout the month of May, the rupiah has never recorded a strengthening. According to Refinitiv data, the rupiah actually opened trading by strengthening 0.1% to Rp 14,670/US$. But in … Read more
Jakarta, CNN Indonesia — Rupiah exchange rate is in the position of Rp. 14,688 per dollars AS in spot market trading on Wednesday (18/5) afternoon. The rupiah weakened 44 points or 0.3 percent from Rp14,644 per US dollar on Tuesday (17/5). Meanwhile, the reference rate of Bank Indonesia (BI), the Jakarta Interbank Spot Dollar Rate … Read more
Jakarta, CNBC Indonesia – The rate of strengthening of the United States (US) dollar finally stopped, even slumped in trading on Wednesday (4/5/2022). In fact, the US central bank (The Fed), according to market participants’ predictions, raised interest rates by 50 basis points (bps) to 0.75%-1%. According to Refinitiv data, the US dollar index fell … Read more
Jakarta, CNBC Indonesia – The rupiah exchange rate against the United States (US) dollar weakened slightly in trading this week. This movement occurred amid a wave of strength in the US dollar because the US central bank (Federal Reserve / The Fed) is expected to immediately raise its benchmark interest rate next month. So far … Read more
Jakarta, CNBC Indonesia – The stock market of the United States (US) in free fall on Friday (22/4/2022), while the US dollar reached its highest level in more than 2 years in line with plans to increase interest rates due to rising inflation. Wall Street’s three major indexes ended down more than 2% a day … Read more
Jakarta, CNBC Indonesia – The rupiah weakened against the United States (US) dollar on Monday (18/4/2022). All Asian currencies fell against the US dollar today, but the rupiah’s weakness was one of the least. China’s higher-than-expected economic growth was enough to lift the sentiment of market players, while the domestic trade balance continued a positive … Read more
Jakarta, CNBC Indonesia – The rupiah has not moved much this week, even in the last few weeks. Even though the United States (US) dollar is being supported by expectations of an aggressive interest rate hike this year, it has not been able to make the rupiah fall. Last Wednesday, the rupiah only weakened slightly … Read more