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Indonesia: USD/IDR Price News: Rupiah marches towards $14,950 despite softer Indonesia Inflation, Fed eyed

USD/IDR returns to the bear’s table after a four-day absence as it drops to $14,970 while refreshing intraday low during early Wednesday. In doing so, the Rupiah (IDR) ignores downbeat figures of Indonesia’s Inflation while bracing for the Federal Open Market Committee (FOMC) monetary policy meeting. That said, Indonesia Inflation eased in January to 5.28% YoY and […]

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ASEAN BAC Chair Indonesia to Work on Regional QR Code Payment

Jakarta. The ASEAN Business Advisory Council, or ASEAN BAC, is planning to work on integrating their respective countries’ QR code payment systems, according to the grouping’s 2023 chair Indonesia. The Indonesian Chamber of Commerce and Industry (Kadin) this year is chairing the ASEAN BAC — the business forum of the Southeast Asian bloc. Kadin chairman Arsjad […]

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Bank Indonesia Confident Over 5 Percent Economic Growth

TEMPO.CO, Jakarta – Bank Indonesia Governor Perry Warjiyo, in a virtual presentation on the central bank’s transparency and accountability report, said Indonesia managed to positively survive the coronavirus pandemic over the past three years. He even claims domestic economic growth is estimated to be in the range of 4.5 percent to 5.3 percent. “It can be between 5.1 to […]

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