By Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) – Bank Indonesia unexpectedly raised interest rates on Thursday to arrest the rupiah’s decline amid U.S. monetary tightening and rising geopolitical risks, …
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rupiah
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Business News
Indonesia central bank intervenes to defend rupiah, open to buying bonds
by Reutersby ReutersBy Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) – Indonesia’s central bank has intervened in the foreign exchange market to manage the supply and demand of U.S. dollars amid market …
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Business News
Indonesia posts $8.7 billion Q1 budget surplus, stronger rupiah seen cutting deficit outlook
by Reutersby ReutersJAKARTA (Reuters) – Indonesia posted a 128.5 trillion rupiah ($8.69 billion) budget surplus in the first quarter on strong tax collection and the recent strengthening of the rupiah currency could …
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US and World News
Indonesia central bank guarding against excessive rupiah falls -official
by Reutersby ReutersJAKARTA (Reuters) – Indonesia’s central bank has continued with its “triple intervention” to guard against excessive falls in the rupiah exchange rate, with a focus on intervening in the domestic …
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US and World News
Indonesia central bank remains in FX market to prevent excessive rupiah fall – official
by Reutersby ReutersJAKARTA (Reuters) – Indonesia’s central bank is always in the foreign market with its “triple intervention” measures to prevent any excessive fall in the rupiah currency, a senior official said …