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Rupiah Climbs Up; Trades for 16,025 per US Dollar

The Rupiah gained 57 points, closing the trade at Rp16.025 per US Dollar. ....

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Sri Mulyani: Rupiah Weakens, Still Better Than Baht and Ringgit

Finance Minister Sri Mulyani Indrawati said the rupiah exchange rate depreciated by 2.89 percent year-to-date (ytd) in the first quarter of this year. ....

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Indonesia adds a pinch of chili against the US dollar with rate hike

Indonesia has bolstered its credentials as an emerging market leader – at some potential cost. The country took a surprising step to shore up its faltering currency by raising interest rates, and foreshadowed the tough choices confronting Asian economies in coming weeks. ....

Bank Mandiri Says BI Rate Hike Important Amidst Global Uncertainties, Fluctuations

State-owned Bank Mandiri (IDX: BMRI) reacted well to Bank Indonesia s (BI) decision to raise its benchmark interest rate. ....

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BI Bolsters Rupiah Stability with Interest Rate Hike to 6.25 Percent

Bank Indonesia (BI) raised its benchmark interest rate by 25 basis points to 6.25 percent from the last hike in October 2023. This aims to stabilize rupiah. ....

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