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Bank Indonesia (BI) decides to keep the benchmark 7-day Reverse Repo Rate (7DRRR) at its current level of 6.0 percent.
If confirmed by the U.S. Senate, Yellen would be the first woman to lead the institution in its 100-year history
The US dollar slips as Fed chair Janet Yellen suggests the central bank is in no rush to raise rates.
Increasing demand for US dollar in the domestic market makes it difficult for the rupiah to escape from the greenback pressure
Fed official says that the central bank will end its asset purchases on schedule at the end of October.
Global markets slump to its lowest level in a month as investors agitate over the possibility that the Fed Rate will be raised sooner than expected.
Finance Minister Chatib Basri asks the financial industry to prepare for The Fed's monetary policy normalization planned for next year.
Yellen says the US jobs market notably improved this year, but the pace of economic growth "bears close watching".
Fear of a US economic slowdown causes the dollar to reverse its course, as dollar-denominated assets become less attractive to global investors.
The Fed's interest rate at close to zero percent aims at stimulating economic growth.
The Fed expects unemployment will drop further this year than its previous estimation, to just over six percent.
Despite having faced strong opposition, Yellen won a total of 26 votes out of 56.
If the Federal Reserve decides to taper its monetary stimulus tomorrow, foreign investors may retreat from developing markets.
Policymakers can no longer rely on cheap credit, HSBC said.
Fed says it would end its third quantitative easing over optimistic economic outlook.
National Development Planning Minister Sofyan Djalil said that the increase ends all speculations among market players.
The Federal Reserve`s governor Jerome Powell has been appointed as the next chairman of the US central bank.