indonesian rupiah news
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Indonesian leader appoints acti...
Jakarta :: Indonesia | 1 month ago
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Indonesia's president has appointed a political cohort with little financial experience as acting finance minister, as the nation battles a weakening currency and strained state budget. Hatta Rajasa, the coordinating economic minister, will
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Dollar shortage scares investors
Jakarta :: Indonesia | 1 month ago
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organ Chase senior country officer for Indonesia Haryanto T. Budiman said that a US dollar shortage in the nation's banking system would bring intense pressure on the rupiah, which has been declining over the last three months. Foreign investors were
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Rupiah strengthens after IMF revision
Jakarta :: Indonesia | 1 month ago
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During interbank transactions in Jakarta on Thursday morning, the rupiah strengthened 8 points to Rp 9,708 per US dollar from Rp 9,716. An analyst from Samuel Sekuritas, Lana Soelistianingsih, said the rupiah exchange rate remained stable after the
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PLN's 2012 net profits plummet by 40.7 percent
Tōkyō :: Japan | 1 month ago
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The drop is mainly the result of foreign exchange losses, which jumped dramatically from Rp 1.8 trillion in 2011 to Rp 5.9 trillion last year, due mainly to the weakening of the rupiah against the US dollar. Even though there is a strengthening
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Upward trend will continue, says BI chief
Jakarta :: Indonesia | 1 month ago
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We predict that pressure on the rupiah will become more moderate rather than more intense, BI Governor Darmin Nasution told reporters at a press briefing in Jakarta on Thursday. The outgoing BI governor, whose tenure ends on May 23, predicted that
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Asian markets mostly rise
New York City :: NY :: USA | 1 month ago
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Wall Street, while Tokyo hit fresh multi-year highs as the dollar approached the 100 yen mark. While buying sentiment remains positive, dealers are keeping an eye on the stand-off on the Korean peninsula as the North, expected to fire a missile
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BKPM wants tax incentives for R&D funds
Jakarta :: Indonesia | 1 month ago
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and that provide capacity-building training to their workers...Companies must be encouraged to promote innovation and capacity building because if those two things are missing, it means they are only concerned about short-term profits, he told
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‘Safe' RI draws huge investment
Jakarta :: Indonesia | 1 month ago
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The Finance Ministry's debt management office reaped on Tuesday US$3 billion from the sale dollar-denominated bonds that are due to mature in 10 years and 30 years. Yields for the global bonds, which were offered only to foreign investors, were 3.5
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Zambia: Investigators Fail to Turn Witness Against Rupiah Banda
Lusaka :: Zambia | 1 month ago
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Zambian prosecutors' attempt to drum up a coherent case against former President Rupiah Banda has hit another snag. President Banda's advisors to turn against the former head of state, most recently with respect to Dr. Martin Mtonga, who had headed
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RI needs business-friendly leader: SBY
Jakarta :: Indonesia | 1 month ago
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Speaking to around 1,000 employers, foreign businesspeople and union members at the opening of the Indonesian Employers Association's (Apindo) national congress on Monday, Yudhoyono said that the country's next president should concentrate on the
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