The Strengthening of the US Dollar: Impact on Global Market Players and Indonesian Rupiah

The Strengthening of the US Dollar: Impact on Global Market Players and Indonesian Rupiah

Jakarta – The United States (US) dollar exchange rate has continued to strengthen against the rupiah recently. Uncle Sam’s currency was at the level of IDR 14,670 at the end of April 2023, but has now touched IDR 15,610 as of October 6 2023. Money market observer Ariston Tjendra believes that the strengthening of the … Read more

Jakarta: Dollar Exchange Rate Against Rupiah Strengthening Today – Latest Update

Jakarta: Dollar Exchange Rate Against Rupiah Strengthening Today – Latest Update

Jakarta – Exchange rate dollar AS the rupiah is getting stronger today. Uncle Sam’s currency against the rupiah today reached IDR 15,600 or an increase of 63 points (0.41%). Quoting RTI data, Tuesday (3/10/2023), the US dollar was at its highest level at IDR 15,601 and the lowest at IDR 15,520. Meanwhile, the movement of … Read more

The Weakened Rupiah: Bank Indonesia’s Response to Global Financial Market Uncertainty

The Weakened Rupiah: Bank Indonesia’s Response to Global Financial Market Uncertainty

Jakarta – Governor of Bank Indonesia (BI) Perry Warjiyo responded to the situation of the rupiah currency which has recently weakened against the US dollar. This is due to external pressure, especially in the US. “Increasing global financial market uncertainty causes the rupiah exchange rate in September 2023 (until September 20 2023) to point-to-point weakened … Read more

This is RI’s most expensive coin, the IDR 850,000 denomination is made of gold metal

Jakarta – It turns out that Bank Indonesia (BI) once issued a special edition metal coin in the IDR 850,000 denomination. This IDR 850,000 coin turned out to be most expensive money issued by BI. Launching the BI website, Wednesday (8/3/2023), these coins are made of gold metal using a proof printing technique. The gold … Read more

After 3 Months, the US Dollar is Back to Below IDR 15,000

Jakarta – The United States (US) dollar exchange rate against the rupiah finally returned to below IDR 15,000. Quoting data RTIMonday (16/1/2023) as of 11.00 WIB the US dollar exchange rate was observed to be at the level of IDR 14,997. Until this afternoon, the US dollar touched its lowest level at IDR 14,978. With … Read more

Jokowi Closes Exit Door for Dollar Exporters, BCA Boss Opens Voice

Jakarta, CNBC Indonesia – President Director of PT Bank Central Asia Tbk (BCA) Jahja Setiaatmadja opened his voice about the government’s plan to revise the Export Proceeds Foreign Exchange (DHE) policy. This will have a positive impact on financial markets and the economy. “If done properly, it will increase the supply of USD. Because we … Read more

Rupiah Strengthens Sharply, Translucent IDR 15,000/US$

Jakarta, CNBC Indonesia – The rupiah exchange rate shot up again at the opening of trading Monday (16/1/2023) after strengthening sharply throughout last week. According to Refinitiv data, the rupiah immediately shot up 0.43% to IDR 15,075/US$ as soon as trading opened. The strengthening of the rupiah then increased by almost 1% to IDR 15,000/US$. … Read more