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Economy 10 Jun 2018 | 11:16 PM

Indonesia tries to get companies to hold more rupiah to stem weakness

JAKARTA: Over the past couple of decades, Indonesian companies have developed a tried and tested strategy to cope with the periodic plunges in the rupiah: retain dollars to protect their profits.

Forex 31 Mar 2017 | 12:00 AM

Politics may affect rupiah

JAKARTA: Indonesia’s rupiah may reverse gains that made it emerging Asia’s top performer in 2016 as some of the currency’s key supports risk turning into Achilles heels.

Economy 21 Aug 2013 | 5:29 PM

Outflows drag rupiah to 4-year low

The Indonesian rupiah hit a four-year low on Wednesday and looked set to break the psychologically important 11,000 per dollar support line as emerging markets suffered further outflows on fears that the Federal Reserve will soon begin to pare back stimulus

Business 07 Oct 2015 | 12:00 AM

Rupiah rallies to new high

JAKARTA: Indonesia’s rupiah surged the most since July 2014 and stocks headed toward the highest close in a more than a month amid signs investors are returning to the nation’s assets.

Forex 03 Oct 2018 | 12:00 AM

Iconic street food gets downsized as rupiah slumps

JAKARTA: The rupiah’s slump is hitting one of Indonesia’s most popular snacks as it drives up the cost of importing soybeans.

Corporate News 13 Aug 2018 | 12:00 AM

Rupiah headwinds blow as policy makers prepare for rate decision

MUMBAI: This week may prove to be a crucial one for the Indonesian rupiah.

Business 21 Aug 2013 | 1:58 PM

Rupiah at fresh 4-year low on outflows; ringgit weaker before c/a data

SINGAPORE: The Indonesian rupiah hit a four-year low on Wednesday on bond outflows and dollar demand from importers amid thin greenback liquidity, while investors kept an eye on the psychologically important 11,000 support level.

Forex 03 Oct 2018 | 12:00 AM

Rupiah at lowest point in 20 years against US$

SYDNEY: Indonesia’s rupiah weakened past 15,000 per dollar for the first time in 20 years as sentiment toward emerging-nation assets soured and oil prices jumped.

Banking 01 Jun 2018 | 12:00 AM

More rate hikes may be in store for Indonesia to halt rupiah slide

SINGAPORE: Indonesia’s second interest-rate increase in two weeks may be followed by more policy tightening to stem a slide in the rupiah amid an ongoing rout in emerging markets.

Economy 26 Aug 2013 | 1:54 PM

Rupiah at fresh low; won and Taiwan dollar firmer

The Indonesian rupiah hit a fresh four-year low and the Indian rupee fell on Monday, indicating sustained worries over their external positions and defying support for emerging Asian currencies from a steep drop in US new home sales.