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 … Read more

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 … Read more

Rupiah and Crypto Compact collapse, what is the reason?

Jakarta – The Central Bank of the United States (USA), the Federal Reserve (The Fed), recently raised its key interest rate by 75 basis points to 3.75-4%. The increase in the key interest rate strengthened the position of the US dollar against almost all currencies. So what is the impact? Banking professional, Abiwodo said, the … Read more

Calm! There is a “booster” for tomorrow’s rupee

Jakarta, CNBC Indonesia – The rupee exchange rate, which has weakened for five consecutive days this week, is expected to get a “booster” early next week. Dody Budi Waluyo, Deputy Governor of Bank Indonesia (BI) that the exchange rate weakening will be limited, in line with the good news from the Indonesian economy to be … Read more

US Dollar Breaks Rp 15,600, BI What Do You Want, Mr. Perry?

Jakarta – The current US dollar (US) exchange rate continues to strengthen at the Rp level. 15,600. This condition occurs due to the strengthening of the index dollar AS due to the rise in the US central bank’s benchmark interest rate. Bank Indonesia (BI) Governor Perry Warjiyo said the central bank is currently seeking to … Read more

BI Open Voice! This is the culprit who caused the rupee to “collapse”

Jakarta, CNBC Indonesia – Bank Indonesia (BI) reported that the exchange rate of the rupee against the US dollar (US) has depreciated by 8.03% since the beginning of the year (ytd), in line with the increasingly uncertain dynamics of the economy. BI Governor Perry Warjiyo said that although the rupee has depreciated quite a bit, … Read more

Rupiah drops to Rp 15,500 this afternoon, the weakest in 2.5 years

Jakarta, CNN Indonesia – Rupee exchange rate it fell 0.24 percent to reach Rp 15,500 per month dollar AS Wednesday (10/19) at 3:07 pm WIB. A weakening of most currencies in the Asian region was observed. The South Korean won weakened by 0.27%, the Singapore dollar weakened by 0.04% and the Malaysian ringgit by 0.14%. … Read more