Kemenkeu raises yield to draw capital and support rupiah
Government cash will remain at BI with higher remuneration to preserve money market and banking liquidity, officials said.
The Business Times (Singapore), Antara News +2
#Bank Indonesia
6 stories on this subject
Series: Indonesia · Fiscal Monetary Coordination · 5 chapters since Jun 4
Asian authorities move to defend currencies as dollar pressure mounts
Why it matters: The won and rupiah led regional losses as officials in South Korea, Indonesia, Japan, India and the Philippines stepped up defenses.
The Business Times (Singapore), Bloomberg
Rupiah hits record low of Rp18.050 per dollar, import pressure rises
Higher import costs could lift prices of food, electronics and energy, while the government speeds domestic oil output plans.
Series: Indonesia · Rupiah Record Low · 2 chapters since Jun 3Rupiah breaches 18,015 per dollar as IHSG falls 3.04%
The weak currency is expected to strain import-dependent industries, from pharmaceuticals to automotive, by raising input costs.
Series: Indonesia · Rupiah Depreciation · 2 chapters since Jun 4IHSG closes down 4.2% at 5,594.77 at week’s end
The rupiah settled at Rp18.049 per U.S. dollar as markets tracked the APBN deficit and talk of an emergency BI meeting.
Antara News, Republika
Rupiah closes at Rp18.049 per dollar as RI stocks fall nearly 4%
DPR passed a revision expanding Bank Indonesia's mandate and oversight, stoking market concerns over central bank independence.
Channel News Asia, Antara News +1