Jokowi Requires Exporters to Park Dollars, Rupee Wins Asia!

Jakarta, CNBC Indonesia – The exchange rate of the rupee strengthened rather sharply against the United States (US) dollar in mid-trade on Wednesday (11/1/2022). The government’s move to keep foreign currency in the country is one of the rupee’s drivers. According to Refinitiv data, as of 12:55 WIB, the rupee strengthened by 0.58% to Rp.15,480/US$ […]

America is no longer reliable, central banks start throwing dollars away

Jakarta, CNBC Indonesia – The Central Bank of China (People’s Bank of China / PBOC) has taken a strategic step by buying gold since last November. This policy has been one of the triggers for the soaring gold price over the past two months. The World Gold Council (WGC) on Friday (6/1/2023) reported that the […]

US dollars owned by neighbors in RI stolen, what can the rupee do?

Jakarta, CNBC Indonesia – The rupee was recorded to have weakened against the United States (US) dollar in the first week of 2023. The weakening was not large, by 0.42% to IDR 15,630/US$, but the possibility that the rupee it sharply appreciated was still small this week. The reason is that the supply of US […]

US dollars owned by neighbors in RI stolen, what can the rupee do?

Jakarta, CNBC Indonesia – The rupee was recorded to have weakened against the United States (US) dollar in the first week of 2023. The weakening was not large, by 0.42% to IDR 15,630/US$, but the possibility that the rupee it sharply appreciated was still small this week. The reason is that the supply of US […]

RI totally loses, China’s foreign exchange reserves reach IDR 488,906 T

Jakarta, CNBC Indonesia – China’s foreign reserves increased by $11 billion in December 2022, after the dollar fell against a basket of other major currencies. China’s foreign exchange reserves are the largest in the world. With an increase of US$11 billion, China’s foreign exchange reserves were US$3.128 trillion or IDR 488.9 quadrillion (IDR 15,630/US$) last […]

Royalty 0%, Parking Dollars in LN

Jakarta, CNBC Indonesia – Coal companies in Indonesia are getting a breath of fresh air. This is because the government officially waives production taxes or coal royalties of up to 0%. This provision is contained in the Government Regulation Substituting the Job Creation Act (Perppu) signed by President Joko Widodo o Jokowi on December 30, […]

Anti-mainstream! This country wants to buy oil using gold

Jakarta – The Government of Ghana is currently preparing a new policy, namely purchasing oil in gold, not in US dollars. This was announced by Vice President Mahamudu Bawumia via Facebook. This policy aimed to overcome scarce foreign exchange reserves which resulted in a weakening of the cedi and an increase in the cost of […]

Poured even more lazy Cadev at IDR 15,702, only rupee can do it

Jakarta – The exchange rate of the US dollar against the rupee strengthened this morning. AS dollar penetrated the level of Rp. 15,702 with a gain of 74 points (0.47%). As quoted by RTI data, on Tuesday (22/11/2022), the US dollar is at its all-time high at IDR 15,714 and its low is at IDR […]

How long will the US dollar be strong? This is Chatib Basri’s answer!

Jakarta, CNBC Indonesia – The monetary tightening policy of the central bank of the United States (USA) caused the US dollar to still show its “power” to this day. So how long will the US dollar continue to strengthen? Senior economist Chatib Basri explained that in economic theory there is what is known as exchange […]