Wall Street Collapses, JCI & Rupiah Need Many Prayers…
Jakarta, CNBC Indonesia – Indonesia’s financial markets closed lower in yesterday’s trading. The Composite Stock Price Index (JCI) and the compact rupiah exchange rate corrected. Yesterday, the JCI ended at 6,662.3. Weak 0.49% compared to the previous day’s close. This is the first correction in 2022. In fact, the trade was lively. The frequency of […]
Hundreds of People in Singapore Positive for Omicron, Dollar Drops?
Jakarta, CNBC Indonesia – The Singapore dollar exchange rate strengthened sharply against the rupiah in trading Monday (27/12) after fluctuating throughout last week. The Singapore dollar was able to strengthen even though hundreds of people tested positive for the Omicron variant of the corona virus. At 10:34 WIB, SG$ 1 was equivalent to Rp 10,488.76, […]
Good News from South Africa Makes the Rupiah Soar Again!
Jakarta, CNBC Indonesia – The rupiah yesterday managed to strengthen sharply against the United States (US) dollar as well as stop the poor performance for 12 days. It didn’t stop there, the rupiah shot up again in early trading on Wednesday (8/12). According to Refinitiv data, as soon as trading was opened, the rupiah immediately […]
Whoops! There’s Bad News That Can Make Rupiah Leak Today
Jakarta, CNBC Indonesia – The rupiah weakened slightly by 0.07% against the United States (US) dollar to Rp 14,220/US$ last Tuesday. The pressure on the rupiah will be even greater in today’s trading, Wednesday (17/11), because the US dollar index shot up last Tuesday. The index that measures the strength of the US dollar yesterday […]
Horror! Rupiah Can Break Rp 14,000/US$, What’s This?
Jakarta, CNBC Indonesia – The rupiah recorded a sharp strengthening against the United States (US) dollar on Thursday (14/10), until it touched Rp 14,000/US$ and was at the strongest level in the last 8 months. The slumping US dollar made the rupiah able to freely strengthen. According to Refinitiv data, the rupiah opened trading by […]
Tourists to Singapore Without Quarantine, Check the Dollar Exchange Rate
Jakarta, CNBC Indonesia – Cases of the disease caused by the corona virus (Covid-19) in Singapore are at an all-time high, but the government will open international borders for tourists, even without the need to quarantine. This certainly has a good impact on the economy, but the impact on the Singapore dollar is still minimal. […]
IMF & Ex-Boss Help Rupiah Strengthen in 3 Weeks
Jakarta, CNBC Indonesia – The rupiah was strong against the United States (US) dollar this week, although it was corrected last Wednesday. The rupiah has successfully posted a 3 week strengthening in a row. In addition to the slumping US dollar, there was “assistance” from the International Monetary Fund (IMF) and its former bosses that […]
Bye Bye Satan Tapering, Rupiah Ready to Down Rp 14,500/US$
Jakarta, CNBC Indonesia – Rupiah posted a 0.76% decline against the US dollar to Rp 14,530/US$. In 5 trading days, the rupiah was not even able to record a strengthening against the United States (US) dollar. Garuda’s currency is now at its weakest level since mid-April. However, the story could be different earlier this week, […]
Corona Will Become Common Flu, Singapore Dollar Is Getting More Expensive!
Jakarta, CNBC Indonesia – The Singapore government is preparing roadmap which will treat the disease caused by the corona virus (Covid-19) as the common cold. This makes the Singapore dollar continue to strengthen against the rupiah. According to Refinitiv data, at 12:33 WIB, SG$ 1 was equivalent to Rp 10,775.19, the Singapore dollar strengthened 0.24% […]
Covid-19 is just a record, the tsunami of layoffs is just a matter of time?
Jakarta, CNBC Indonesia – The Indonesian financial market experienced a correction in yesterday’s trading. The Composite Stock Price Index (JCI) and the rupiah exchange rate closed in red. Yesterday, the JCI finished at 6,012.06. Weak 0.37% compared to the previous day. Trading on the Indonesian stock market is relatively quiet with a transaction value of […]