Ignore the War, Good News from China Makes the Rupiah Soar!

Jakarta, CNBC Indonesia – The rupiah exchange rate strengthened quite sharply against the United States (US) dollar on Tuesday (1/3) trading even though the war was still raging between Russia and Ukraine. In addition, the good news from China helped the rupiah strengthen this morning. According to Refinitiv data, as soon as trading was opened, … Read more

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 … Read more

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 … Read more

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 … Read more

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 … Read more

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, … Read more

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 … Read more