Gayatri Suroyo

Indonesia central bank delivers hefty interest rate rise as it looks to stem battered rupiah's fall Indonesia's Central Bank Governor Perry Warjiyo speaks during a press conference at Bank Indonesia's headquarters in Jakarta, Indonesia, January 15, 2025. ... See more

JAKARTA (Reuters): The Indonesian rupiah slid to another record low on Monday despite interventions by the central bank, as stocks slumped and global oil prices surged to two-week highs, though President Prabowo Subianto downplayed the impact of depreciat... See more

Global index provider MSCI said it will cut six companies from its Indonesia index at the end of May as it pushes for reforms in a market it has criticised for lacking transparency, sending their shares tumbling on Wednesday. Two of the six had been flagg... See more

Can't find what you're looking for? Can't find what you're looking for? The credit rating agency noted that there was a risk the government might substantially relax its fiscal and monetary policies to achieve President Prabowo Subianto's ambitious 8 perc... See more

JAKARTA (April 22): Indonesia's central bank kept policy rates unchanged on Wednesday to anchor the rupiah's stability amid the war in Iran, as expected, with the currency already hitting record lows multiple times this month. Bank Indonesia (BI) held the... See more