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Indonesian Rupiah Exchange Rate Increases

The exchange rate of the Indonesian Rupiah against the US Dollar in the spot market increases on Thursday (April 18). The Rupiah strengthened by 48 points or 0.29 percent

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Investing in 2022: Omicron, the Fed and your age matter

Last year’s global stock market rally and uncertainty about the economic recovery has many retail investors wondering whether it is time to shift to other asset classes. The Jakarta Post has asked investment professionals in Indonesia for their views on how to arrange a portfolio for the year ahead.

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Rupiah ends higher on US stimulus package

Rupiah ends higher on US stimulus package
29th December 2020
Documentation - The rupiah rose 45 points, or 0.32 percent, to Rp14,155 on Monday. (ANTARA FOTO/MUHAMMAD ADIMAJA)
The rupiah strengthened following a news report that US President Donald Trump has signed a long-awaited act on COVID-19 assistance. Jakarta (ANTARA) - The rupiah strengthened against the US dollar in the Jakarta interbank market on Monday on the back of a long-awaited US stimulus package.

The Indonesian currency rose 45 points, or 0.32 percent, to Rp14,155 from Rp14,200 per dollar earlier.

"The rupiah strengthened following a news report that US President Donald Trump has signed a long-awaited act on COVID-19 assistance," PT TRFX Garuda Berjangka director Ibrahim Assuaibi said on Monday.

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