Tag Archives: currency

The rupiah weakened slightly on Wednesday to Rp 14,863 per US dollar, from Rp 14, 835 on Monday, according to Bank Indonesia’s Jakarta Interbank Spot Dollar Rate (JISDOR). Samuel Sekuritas Indonesia economist Ahmad Mikail said the weakening trend might continue should the dollar index remain at 95. He said the dollar was still in a […]

ESDM Ministry’s Director General of Oil and Gas (Oil and Gas) Djoko Siswanto said, if possible an amendment was made regarding the production sharing contract (PSC) related to the government’s assignment to Pertamina to buy oil lifting from the KKKS. “If you cannot use the regulation, it can work, if it is needed, then the […]

Turkish President Racep Tayyip Erdogan threatened to boycott electronic products made in the United States, including one of the iPhones. The threat was conveyed by Erdogan in his speech on Tuesday (August 14). Steps to boycott US products were made in retaliation for sanctions imposed on the detention of an American pastor, as well as […]

As emerging markets take a battering from Turkey’s turmoil, sending stocks and bonds toward their lowest this year, traders are positioning themselves to ride out the pain. Traders pushed down the value of emerging market assets Monday as Turkish assets sank, before stabilizing on Tuesday. The carnage in Turkey added to an already fragile landscape […]

The Turkish lira sank to a fresh record low of 7.24 to the dollar in early Asia Pacific trade, as investor worries over the state of the economy and deteriorating ties with the United States continued to drag down the currency. By 1903 GMT on Sunday – early Monday morning in the Asia Pacific – […]

The rupiah exchange rate was opened at the position of Rp14,432 per US dollar (US) in today’s spot market trading, Thursday (9/8). This position strengthened from the close on Wednesday (8/8) which was at the level of Rp14,439 per US dollar. In line with the rupiah, the majority of currencies in the Asian region also […]