Adrian Wail Akhlas and Riska Rahman, Jakarta – The rupiah fluctuated at around 16,500 per US dollar on Tuesday despite a slight gain after falling sharply to near the 17,000-mark the p

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) has continued to inject liquidity of up to Rp 300 trillion (US$18.19 billion) into the financial markets and banks to help support the

Adrian Wail Akhlas, Jakarta – The World Bank has approved the disbursement of a US$300 million loan to support the development of Indonesia's financial market by expanding its outreach

Riska Rahman, Jakarta – The Jakarta Composite Index (JCI) hit yet another circuit breaker on Monday afternoon, with trading temporarily halted for the fifth time this month and prices

Adrian Wail Akhlas and Made Anthony Iswara, Jakarta – The rupiah breached Rp 16,000 against the US dollar on Friday, the weakest since the 1998 crisis, taking its toll on central bank

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) has bought about Rp 163 trillion (US$10.1 billion) worth of government bonds to stabilize the country's financial market amid foreign

Diana Mariska, Jakarta – The Financial Services Authority, OJK, has advised banks and financing companies against using debt collectors during the Covid-19 pandemic as the authority re

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) cut on Thursday the nation's policy rate to prop up the economy, which is likely to grow at the lowest rate in 15 years, battered by a

Jakarta – Indonesia's currency has been in a freefall, even defying the central bank's intense market intervention.

Adrian Wail Akhlas, Jakarta – Indonesian stocks hit circuit breakers for the third time in the past week on Tuesday, touching levels unseen since 2015 as the rupiah surpassed the psych

Adrian Wail Akhlas, Jakarta – Indonesia's foreign debt rose in January due to an increase in the government's net borrowing, mainly through the issuance of government debt papers (SBNs

Adrian Wail Akhlas and Riska Rahman, Jakarta – Stocks traded on the Indonesia Stock Exchange (IDX) hit circuit breaker upon opening on Friday, plunging 5 percent to 2016 levels as glob

Adrian Wail Akhlas, Jakarta – Indonesia's stocks dropped sharply at Thursday's opening as anxious investors left markets across the world, poised for another day of tumultuous trading

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) has vowed to maintain the country's financial market stability amid expectations that economic growth will slow due to the COVID-19 sp

Tassia Sipahutar and Fathiya Dahrul – Indonesia is reintroducing a raft of market measures deployed during the global financial crisis as authorities warn the impact of the novel coron

Jakarta – The Indonesia Stock Exchange (IDX) has issued a new regulation that allows stocks, at all price ranges, to fall by a maximum of 10 percent in an effort to anchor the Jakarta

Adrian Wail Akhlas, Jakarta – Indonesia's foreign exchange (forex) reserves fell to US$130.4 billion in February after the government paid its foreign debts, Bank Indonesia (BI) announ

Beritasatu, Jakarta – Close to $7.3 billion in foreign investors' funds remain parked in rupiah-denominated accounts following a sell-off in the bond and stock market last week, Bank I

Riska Rahman, Jakarta – Indonesian stocks jumped by more than 3 percent on Tuesday morning, reversing deep losses in recent days due to the spread of COVID-19, as market players regain

Arys Aditya – Bank Indonesia lowered banks' reserve requirement ratios, seeking to shore up liquidity after concerns over the economic impact of coronavirus triggered a selloff in the

Riska Rahman and Esther Samboh, Jakarta – Indonesia's stock index extended losses before reversing to gains on Monday morning trade, after a market rout sent the gauge to its worst mon

Beritasatu, Jakarta – The Indonesia Stock Exchange, or IDX, stopped short selling at the local burse on Monday, seeking to stave off a further decline in the stock market caused by pan

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) announced Monday five measures to stabilize the rupiah as foreign investors sold off Indonesian financial assets from stocks to bonds

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) will "intensify intervention" to stabilize the local financial market by buying government bonds and the rupiah amid heavy selling pre

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) has pumped Rp 87 trillion (US$6.2 billion) into the domestic bond markets so far this month as big sell-offs sent stock markets around

Riska Rahman, Jakarta – Indonesia's benchmark stock index plunged deeper on Friday, trading down more than 4 percent during the morning session and prompting the bourse operator to cal

Riska Rahman and Prima Wirayani, Jakarta – The Jakarta Composite Index (JCI) nosedived to a level unseen since March 2017 on Thursday afternoon amid fears over the spread of COVID-19,

Riska Rahman, Jakarta – Bank Central Asia (BCA), Indonesia's biggest private lender by market value, has lowered its loan growth target for this year, arguing that the coronavirus outb

Jakarta – The central bank decided to cut its benchmark rate on Thursday in the wake of a global coronavirus outbreak it believed would trigger a short-term slowdown in the economy in

Riska Rahman, Jakarta – The House of Representatives has called for the Supreme Audit Agency (BPK) to conduct investigative audits on state-owned insurers to assess their investment ma

Riska Rahman, Jakarta – Publicly listed state lender Bank Tabungan Negara's (BTN) profits plummeted by more than 90 percent last year as nonperforming loans and costs of funds rose ami

Adrian Wail Akhlas, Jakarta – The country's foreign exchange (forex) reserves rose to near record-high levels in January at US$131.7 billion owing to foreign inflows from global bonds

Adrian Wail Akhlas, Jakarta – The novel coronavirus outbreak has pushed investors to leave the country's financial markets, resulting in a foreign outflow of about Rp 11 trillion (US$8

Riska Rahman, Jakarta – Bank Indonesia (BI) has injected about Rp 25 trillion (US$1.82 billion) into the country's financial markets as investors sell off assets over fears that the ra

Adrian Wail Akhlas, Jakarta – The Financial Services Authority (OJK) is planning to reform the regulation and supervision of the nonbank financial industry following the revelation of

Gayatri Suroyo and Fransiska Nangoy, Jakarta – Bank Indonesia intervened in spot foreign currency trading as well as domestic non-deliverable forward and bond markets on Monday to stab

Adrian Wail Akhlas, Jakarta – Indonesia recorded annual inflation of 2.68 percent in January in applying a new formula for calculating its consumer price index (CPI), Statistics Indone

Riska Rahman, Jakarta – The Jakarta Composite Index (JCI) slipped 1.5 percent during morning trade on Friday as fears over the spread of the new coronavirus were suspected of having af

Made Anthony Iswara, Jakarta – The government has pinned its hopes on a new agreement that is expected to encourage thousands of companies to list their shares on the local stock excha

Made Anthony Iswara, Jakarta – State-owned steelmaker Krakatau Steel has received approval from its creditors to restructure its loans totaling US$2 billion (Rp 27 trillion) by, among

Adrian Wail Akhlas, Jakarta – Indonesia's stock market took a tumble on Monday as world shares took a hit from investor concerns over the economic impact of China's spreading coronavir

Jakarta – Finance minister Sri Mulyani Indrawati said the government would establish an agency that would back up insurance policies to ensure payouts after financial issues at some lo

Riska Rahman, Jakarta – Credit ratings agency Fitch Ratings announced on Friday that it affirmed Indonesia's long-term foreign and local currency issuer default rating at "BBB with a s

Riska Rahman, Jakarta – State-owned Bank Mandiri booked almost 10 percent profit growth in 2019, although the figure was lower than in 2018 due to slowing loan growth.

Jakarta – The Indonesian Ombudsman has formed a team to investigate the Financial Service Authority (OJK) amid growing complaints from the public against the financial watchdog's poor

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) has decided to hold its benchmark interest rate at 5 percent amid a plunge in loan growth and improvements in the global and domestic

Jakarta – The House of Representatives' Commission XI, which oversees financial affairs, has announced the establishment of a working committee to monitor the financial services indust

Riska Rahman, Jakarta – President Joko "Jokowi" Widodo has called for reform in the country's financial services companies to improve the public's trust following cases that rocked the

Lona Olavia, Jakarta – Indonesian banking loan expansion is set to recover this year after experiencing a significant slowdown in 2019, with completion of key infrastructure projects a

Jakarta – The Jiwasraya scandal is a reflection of how atrocious monitoring of financial services in this country. Investor trust in financial markets could rapidly dissipate.