Annisa Febiola, Jakarta – The rupiah is expected to depreciate further against the US dollar today, June 24, according to Laba Forexindo Berjangka director Ibrahim Assuaibi.

Rama Sukarta, Jakarta – The Indonesian Ulema Council (MUI) has declared short selling as haram (forbidden under Islamic law).

Mita Amalia Hapsari, Jakarta – President Joko "Jokowi" Widodo convened the Financial System Stability Committee (KSSK) at the Presidential Palace on Thursday to address the recent depre

Antara, Jakarta – Bank Indonesia (BI) Deputy Governor Doni Primanto Joewono said the circulation of counterfeit money continues to decline in Indonesia.

Arnoldus Kristianus, Jakarta – Bank Indonesia announced Thursday that they would keep the benchmark interest rate, also known as the BI Rate, at 6.25 percent.

Jauhari Mahardhika, Jakarta – The shares of tech conglomerate GoTo Gojek Tokopedia (GOTO) plummeted to an all-time low of Rp 50 on Thursday.

Arnoldus Kristianus, Jakarta – The weakening rupiah, now significantly deviating from the 2024 state budget assumption, poses risks to Indonesia's trade performance.

Annisa Febiola, Jakarta – The incoming Prabowo-Gibran administration is expected to face a serious debt burden, assessed Yusuf Wibisono, director of the Institute for Demographic and Po

Tenggara Strategics, Jakarta – Indonesia's second-largest Muslim organization, Muhammadiyah, has decided to divert trillions of rupiah funds from state-owned Bank Syariah Indonesia (BSI

Arnoldus Kristianus, Jakarta – The Indonesian rupiah weakened against the US dollar, reaching Rp 16,400 on Friday, its lowest point since the pandemic era in April 2020.

Jakarta – The Indonesia Stock Exchange (IDX) Composite fell 0.08 percent on Wednesday to finish the trading day at 6,850.09.

Thresa Sandra Desfika, Jakarta. Agoes Projosasmito, 68, has made his way into the top five of Indonesia's richest individuals, according to Forbes' Real-Time Billionaires List.

Nida Sahara, Jakarta – The Financial Services Authority (OJK) revealed that the total value of assets in Sharia-based financial businesses stood at approximately Rp 2,500 trillion ($155

Monique Handa Shafira, Jakarta – The Deposit Insurance Corporation (LPS) has paid out Rp 300 billion in deposit claims to customers of 11 small banks that went bankrupt in 2024.

Thresa Sandra Desfika, Jakarta – The geopolitical tensions in the Middle East have significantly impacted the Indonesian stock market (IDX), causing the Jakarta Composite Index to decli

Indah Handayani, Jakarta – Indonesia's foreign exchange reserves dropped from $140.4 billion in March to $136.2 billion the following month, according to Bank Indonesia.

Jakarta – The OJK releases a new regulation obliging banks to increase their capital. This anticipates a threat to the banking sector as a result of volatile geopolitics.

Faisal Maliki Baskoro, Jakarta – The Indonesian stock market reached the Rp 12 trillion ($740.6 billion) milestone this week, with inflation remaining within Bank Indonesia's target.

Faisal Maliki Baskoro, Jakarta – The Commodity Futures Trading Regulatory Agency (Bappebti) reported a significant surge in cryptocurrency transactions in Indonesia in March 2024.

Grace el Dora, Jakarta – The rupiah weakened further against the dollar in Tuesday's trading.

Jakarta – The Indonesian Stock Exchange (IDX) Composite closed significantly lower on Friday, dropping by 119.21 points, 1.67 percent, to 7,036.07, the new lowest point this year.

Vinnilya, Jakarta – The Indonesia Stock Exchange (IDX) saw a drop in the Composite Stock Price Index at the opening of Thursday's trading session, falling to 7,176 and briefly touching

Arnoldus Kristianus, Jakarta – Bank Indonesia (BI) increased the benchmark BI-Rate by 25 basis points to 6.25 percent, citing escalating geopolitical tensions in the Middle East and ris

Jakarta – The changing tide of the rupiah's interaction with the United States dollar has put Bank Indonesia (RI) between a rock and a hard place.

Arnoldus Kristianus, Jakarta – Bank Indonesia (BI) reported that Indonesia's Foreign Debt (ULN) stood at $407.3 billion in February 2024, showing a 1.4 percent year-on-year increase.

Jakarta – Indonesia's economy was primed for monetary easing later this year, but an unwelcome plunge in its currency is complicating matters for Bank Indonesia and could force it to gr

Melbourne – Bank Indonesia (BI) stepped in to support the rupiah after the currency weakened past 16,000 per US dollar for the first time in four years.

Yudono Yanuar, Jakarta – The depreciating trend of the rupiah against the US dollar persisted in the recent week.

Bali and Jakarta, Indonesia – Late last year, Balinese woman Nih Lu Putu Rustini got the shock of her life when she tried to withdraw cash from an ATM to complete a renovation project a

Stefanno Sulaiman, Gayatri Suroyo and Ananda Teresia, Jakarta – President-elect Prabowo Subianto will be prudent in fiscal management and uphold laws that limit public debt and annual b

Antara, Jakarta – The Financial Services Authority (OJK) announced on Sunday that the banking credit relaxation stimulus, which was provided to ease the impact of the COVID-19 pandemic,

Tenggara Strategics, Jakarta – The financially troubled Indonesian Export Financing Agency (LPEI), known as Indonesia Eximbank, has suffered from another round of bad debts, resulting f

Arnoldus Kristianus, Jakarta – Bank Indonesia (BI) has opted to keep its benchmark interest rate, known as the BI Rate, unchanged at 6 percent, in line with analysts' projections.

Indah Handayani, Jakarta – Fitch Ratings has affirmed Indonesia's credit rating at 'BBB' with a stable outlook.

Jakarta – While neither the International Monetary Fund (IMF) nor the World Bank prescribes a universal cap for the budget deficit or government debt for prudent fiscal management, Indo

Faisal Maliki Baskoro, Jakarta – Indonesia's foreign exchange reserves stood at $144.0 billion (Rp 2.255 trillion) at the end of February 2024, maintaining robust levels despite a sligh

Arnoldus Kristianus, Mumbai – Bank Indonesia (BI) continues to reduce its dependence on the US dollar (de-dollarization) by forging a partnership with the Reserve Bank of India (RBI).

Amelia Rahima Sari, Jakarta – The Finance Ministry reported that as of January 31, 2024, the Indonesian government's debt had reached Rp8,253.09 trillion.

Arnoldus Kristianus, Jakarta – As of January 2024, the Finance Ministry has recorded the Indonesian government's debt at Rp 8,253.09 trillion ($528 billion), constituting 38.75 percent

Prisma Ardianto, Jakarta – The amount of individual and corporate savings in Indonesia totaled Rp 2,668.9 trillion ($171 billion) in January, an increase of 4.2 percent from the same mo

Jakarta – Indonesia's balance of payments posted a $6.3 billion surplus in 2023, according to Bank Indonesia.

Jakarta – The Indonesian banking sector remains attractive to foreign investors, according to Dian Ediana Rae, the Banking Supervisory Executive Head at the Financial Services Authority

Arnoldus Kristianus, Jakarta – The government has issued state bonds amounting to Rp 107.6 trillion ($6.9 billion) to fund the state budget as of January 31.

Hong Kong, China – HSBC said Wednesday it achieved "record profit" in 2023 as pre-tax profits soared by nearly 80 percent, with the banking giant also announcing further share buybacks.

Faisal Maliki Baskoro, Jakarta – Bank Indonesia (BI) decided to keep the benchmark interest rate at 6 percent during the Board of Governors Meeting on Feb.

Annisa Febiola, Jakarta – In less than two months into 2024, the Financial Services Authority or OJK had revoked the business permits of four rural banks (BPR).

Deni Ghifari, Jakarta – The rupiah has strengthened since the beginning of February and hit a monthly high on the eve of the presidential election.

Matthew Burgess, Ruth Carson and John Cheng – Indonesia successfully overcame its Fragile Five days and survived a risky money-printing exercise to become a key emerging market for inve

Faisal Maliki Baskoro, Jakarta – Indonesia's largest banks posted positive results as the country's economy continued its recovery in the post-pandemic era.

Ankur Banerjee, Singapore – Indonesian markets, after a period of relative calm, are showing signs of concern about the prospect of a drawn out national election and the possibility of