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Nation 28 Aug 2015 | 8:21 AM

Weaker ringgit, rupiah can have unpleasant effects for Singapore

SINGAPORE: Shoppers dashing to Johor or Jakarta for some bargains will be cheering the free-falling ringgit and rupiah, but the weaker neighbouring currencies can have unpleasant knock-on effects for the Singaporean economy.

World 09 Jul 2009 | 12:00 AM

Rupiah leaps, but no euphoria after Yudhoyono's win

JAKARTA (Reuters) - Indonesia's rupiah jumped in the forward market on Thursday after Susilo Bambang Yudhoyono's landslide re-election, but political hurdles still standing in the president's way nipped any euphoria in the bud.

World 30 Apr 2018 | 11:31 AM

Indonesia president pledges no government intervention in monetary policy amid weak rupiah

JAKARTA (Reuters) - Indonesia's President Joko Widodo promised on Monday that the government will not intervene in monetary policy decisions by the central bank in response to a weakening rupiah currency.

AseanPlus News 04 Sep 2005 | 12:00 AM

Goh backs move on rupiah

Senior Minister Goh Chok Tong has backed Indonesia's efforts to shore up the rupiah in the face of soaring oil prices, but he warned that the country's economic woes could hurt Singapore.

AseanPlus News 18 Mar 2015 | 12:00 AM

New visa policy to aid rupiah

Jakarta: The Indonesian government will waive visa requirements for 30 countries as early as next month to boost the country’s foreign exchange income from the tourist industry, as President Joko “Jokowi” Widodo broadens the size of his economic package to support the ailing rupiah.

World 23 Sep 2015 | 8:35 AM

Weak rupiah hits pilgrimage plans of thousands of Indonesians

JAKARTA (Reuters) - It's the time of year when Jakarta's international airport is packed with Muslim pilgrims waiting for flights to the holy city of Mecca.

AseanPlus News 03 May 2020 | 11:48 AM

Indonesia's Rupiah hits 15,000 per US dollar earlier than expected

JAKARTA: Following the fluctuating rupiah in the past several days, the Indonesian currency eventually reached its highest value in April 2020, when its rate was previously recorded in the range between 15,430 and 15,295 against US dollar. It turned out that rupiah could show its strength when it hit its highest rate of 15,000 to the greenback as recorded on Thursday's closing session of the Jakarta inter-bank market.

Nation 12 Mar 2005 | 12:00 AM

Fee to bring in workers slashed

Following complaints that the 2.99 million rupiah fee (RM1,213) to bring in an Indonesian worker into Malaysia under the amnesty programme is too high, Indonesian authorities have slashed the amount by half.