archiveBank Indonesia

* Philippine peso falls 1% to 2-month low * Indonesian rupiah down 0.3% ahead of rate decision * Federal Reserve decision due later in the day By Himanshi Akhand June 18 (Reuters) - Emerging Asian currencies lost ground on Wednesday as the dollar held firm on safe-haven demand as the conflict between Israel and Iran entered a sixth day, while investors awaited rate decisions by the Bank Indonesia and the Federal Reserve. Iran and Israel launched new missile strikes at each other, with U.S. President Donald Trump calling for Iran's...

BENGALURU: Most Asian currencies inched slightly up on Monday as the dollar lost ground in volatile trading, while equities fell due to the intensifying conflict between Israel and Iran, with investors awaiting several central bank meetings this week. Bank Indonesia is set to announce its monetary policy decision on Wednesday, hours before the US Federal Reserve, and is broadly expected to keep its benchmark interest rate steady after a surprise rate cut last month. The Bangko Sentral ng Pilipinas (BSP) is expected to cut its key policy rate by 25...

TEMPO.CO, Jakarta - Governor of Bank Indonesia Perry Warjiyo and Governor of the People's Bank of China Pan Gongsheng signed a memorandum of understanding (MoU) on Sunday, May 25, 2025, at Merdeka Palace to promote the use of local currencies in bilateral transactions. The signing was witnessed by Indonesian President Prabowo Subianto and Chinese Premier Li Qiang.According to Ramdan Denny Prakoso, Executive Director of BI’s Communication Department, the agreement builds upon a previous arrangement established between the two central banks on September 30, 2020."By expanding the scope of cooperation in bilateral...

(Corrects paragraph 1 and 9 to say Singapore stocks gained for the sixth straight session, not seventh) * Indonesian rupiah leads losses * Asian equities mixed * Stocks in Malaysia snap three straight sessions of losses By Rishav Chatterjee April 22 (Reuters) - Currencies in emerging Asia were subdued on Tuesday, weighed down by President Donald Trump's renewed criticism of the U.S. Federal Reserve, while Singapore equities extended their winning streak into a sixth straight session. An MSCI index of Asian emerging market equities snapped a three-day streak of gains,...

The Indonesian rupiah yesterday fell to its lowest level since the Asian financial crisis of 1998, reflecting concerns about the government’s fiscal trajectory and the uncertainties about incoming U.S. tariffs. According to The Jakarta Post, the rupiah momentarily fell to around 16,654 against the U.S. dollar, its weakest since June 1998, before recovering slightly. The currency has been one of the worst performers in emerging markets in 2025, declining by more than 3 percent since the start of the year. Tuesday’s reading was slightly lower than the previous low of...