English Version
ENGLISH
| Saturday, 23 September 2017 |
Indonesia Version
INDONESIA
Facebook
Twitter


Saturday, 23 September 2017 | 17:38
Bank Mandiri Features E-Money Simulator at IBDExpo 2017 State-owned lender PT Bank Mandiri provides an electronic money
(E-Money) simulator at the Indonesia Business and Development
Expo (IBDExpo) 2017.
Saturday, 23 September 2017 | 16:54
Bali`s Ngurah Rai Airport Unaffected by Mount Agung Activities Ngurah Rai International Airport in Bali remains unaffected by
the volcanic activities of Mount Agung, an official said.
Steady Capital Inflow Sustains Rupiah Performance in Q1
ndonesia's Central Bank Governor Agus Martowardojo holds new Indonesian Rupiah banknotes at an official ceremony in Jakarta, December 19, 2016. ANTARA/Yudhi Mahatma
Friday, 19 May, 2017 | 12:00 WIB
Steady Capital Inflow Sustains Rupiah Performance in Q1

TEMPO.CO, Jakarta - Bank Indonesia announced that the rupiah exchange rate has strengthened throughout the first quarter of this year. In April, the rupiah has also been relatively stable. 

In quarter one, the rupiah exchange rate gained by 1,1 percent against the US dollar.

Read: Foreign Exchange Reserves Stand at 1218bn USD in Q1

"The exchange rate strengthened to Rp13.326 per US dollar," BI governor Agus Martowardojo said in Jakarta Thursday, May 18. 

Agus said that rupiah was stable in April, supported by the steady capital inflows to domestic markets. This is in line with Indonesia's improving sovereign rating outlook, positive macroeconomics data, and the market's positive sentiments regarding Indonesia's economic prospects.

Read: Bank Indonesia Predicts 51 Percent Growth

The central bank said it will continue taking stabilization steps, in a bid to pursue an exchange rate that fits its fundamentals. Bank Indonesia aims to achieve this by ensuring that the market mechanism runs well.

DINO OKTARA



via Facebookvia TEMPO ID

Comments


Disclaimer: The views expressed in the comments sections are personal responses that do not represent the editorial policy of tempo.co. Our editorial staff reserves the right to moderate or take down comments that contain harassment, intimidation and discrimination against ethnicity, religion, race, and inter-group relations.