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
Subject
#Rupiah
Series: Indonesia · Fiscal Monetary Coordination · 4 chapters since Jun 4
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.
Rupiah 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.
Rupiah hits Rp18.000 per dollar, dairy industry squeezes costs
Import costs for milk inputs have risen 17%-35%, while producers are holding retail prices amid still-weak purchasing power.
Earlier: Rupiah hits Rp 18.015 per dollar as DPR urges quick actionSeries: Indonesia · Rupiah Slide · 3 chapters since Jun 4Rupiah 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