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Indonesia’s rupiah defence strategy comes at cost of higher household burden
JAKARTA, June 13 — Indonesia’s decision to raise the BI-Rate and increase non-subsidised fuel prices within days highlights the government’s effort to support the rupiah and...
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channelnewsasia.com
Indonesia raises price of widely used fuel by 32%, adds to cost-of-living concerns
JAKARTA: Indonesian state firm Pertamina has raised some fuel prices by almost a third in the first increase since the Iran war began, and the finance minister said there would be…
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Commentary: Indonesia hits the panic button over the rupiah
Restoring calm to the country's financial markets will require a more definitive step, say Daniel Moss and Karishma Vaswani for Bloomberg Opinion.
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Rupiah slide and ‘Sell Indonesia’ stocks: Jakarta’s counter moves useful but experts flag deeper fiscal concerns
Indonesia’s emergency interest rate hike and efforts to support the rupiah may have helped calm markets for now, but economists say investor confidence will not fully return…
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straitstimes.com
Rupiah recovers against Sing$ after surprise rate hike, but analysts say relief may be short-lived
The currency strengthened to around 13,950 rupiah per Singdollar on June 11. Read more at straitstimes.com. Read more at straitstimes.com.
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malaymail.com
Indonesia says economic pressures remain manageable despite rupiah slump
JAKARTA, June 11 — External and domestic pressures on Indonesia’s economy were “manageable”, the country’s deputy finance minister said Thursday, despite a rout of the...
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Indonesia’s rupiah defence strategy comes at cost of higher household burden
JAKARTA, June 13 — Indonesia’s decision to raise the BI-Rate and increase non-subsidised fuel prices within days highlights the government’s effort to support the rupiah and...
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War, weak rupiah and wary investors put pressure on Indonesia’s economy
JAKARTA, June 15 — Indonesia’s economy faces a perfect storm wrought by high energy prices and, while the currency has rebounded slightly, critics warn government policies are...