The rupiah's decline and capital outflow prompts hike decision for first time in 25 months

In a House or Representatives hearing on Monday, Bank Indonesia (BI) Governor Perry Warjiyo said “we believe” the rupiah will end up averaging around Rp 16,800 per United States…

BENGALURU, May 19 : Bank Indonesia will hike its key policy rate by 25 basis points on Wednesday, according to a slim majority of economists in a Reuters poll who said the weak…