Indonesia’s rupiah — Asia’s worst-performing currency this year — has been under pressure since late 2024 when investors began reassessing the country’s fiscal outlook following the election of ...

Indonesia may raise interest rate again to protect the rupiah and curb market volatility, according to analysts, after the central bank’s surprise tightening on Tuesday helped the currency rebound ...

Central bank data show Indonesia's currency has been losing value to the dollar since President Prabowo Subianto's inauguration, contradicting conspiratorial claims online that the weakening of the ...

JAKARTA, May 18 (Reuters) - The Indonesian rupiah slid to another record low on Monday despite interventions by the central bank, as stocks slumped and global oil prices surged to two-week ‌highs, ...

Indonesia’s government is aiming to make the most out of the country's ongoing economic troubles by pointing out that a ...

A man looks at foreign currency exchange rates on an electronic panel in Jakarta, Indonesia. FOTO ANTARA/Rosa Panggabean/ed/mes/11 Last month, China and Indonesia signed an agreement to promote the ...

The currency law contains a general requirement that the Indonesian rupiah be used to settle all financial obligations and other payment transactions taking place in Indonesia, unless certain limited ...