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USD/IDR Price News: Rupiah sits at multi-month tops of 14,065 despite mixed Indonesian trade data

According to the latest trade data published by the Indonesian Statistics Bureau, the country recorded a bigger-than-expected trade surplus in September, although both imports and exports disappointed. Indonesia reported a trade surplus of $4.37 billion vs. $3.84 billion expected and $4.74 billion previous. The imports and exports came in at 40.31% and 47.64% respectively vs. 50% and […]

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Indonesia’s special economic zones attract over 4.5 billion USD

Nineteen operating Special Economic Zones (SEZ) in Indonesia have attracted a combined investment of 64.4 trillion rupiah (4.53 billion USD) and provided jobs for 23,000 workers, according to Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto. Jakarta(VNA) – Nineteen operating Special Economic Zones (SEZ) in Indonesia have attracted a combined investment of 64.4 trillion rupiah (4.53 […]

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Indonesia, Japan extend Bilateral Swap Agreement

The BSA extension between Indonesia and Japan is also in line with the amendment of the Chiang Mai Initiative Multilateralization (CMIM) as the reference of this BSA cooperation. Jakarta (ANTARA) – Bank Indonesia (BI) and Bank of Japan (BoJ) — the agent of Japan’s Finance Ministry — signed the extension of the Bilateral Swap Arrangement […]

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Indonesia Sept trade surplus likely narrowed amid strong exports and imports: Reuters poll

JAKARTA : Indonesia’s exports likely stayed elevated in September, supported by high commodity prices, but the resource-rich country’s trade surplus was seen narrowing due to rising imports, a Reuters poll showed on Wednesday. Southeast Asia’s largest economy booked its all-time biggest trade surplus in August of US$4.7 billion, with exports also at a record high […]

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