JAKARTA, June 9 — Indonesia’s central bank announced a surprise 25-basis-point interest rate hike today, citing “high global volatility” and concerns over currency...

Bank Indonesia (BI) and the Finance Ministry on Saturday agreed to increase yields on Indonesian assets to attract portfolio inflows and support the rupiah, after the currency hit…

The rupiah has weakened about 8 per cent to become the worst-performing currency in Asia in 2026. Read more at straitstimes.com. Read more at straitstimes.com.