4:32 pm March 12, 2014 | No Comment
Indonesia has undertaken major sales of dollar-denominated bonds this year, suggesting that it’s comfortable the rupiah isn’t likely to depreciate significantly from current levels.
5:25 pm February 17, 2014 | 2 Comments
Indonesia’s central bank recently reported that its foreign exchange reserves had risen to the $100 billion mark, about a quarter from a record amount. A pick-up in reserves suggests that Bank Indonesia hasn’t been making significant interventions in the foreign-exchange market to prop up the rupiah against the US dollar. And that may be good news as it's money well kept in the central bank's coffers.
10:19 am February 10, 2014 | No Comment
Investors typically view the economic strength of a nation by its trade balance. It would be difficult to say that Indonesia would be able to remain in surplus for an extended period of time. Even Indonesian officials admit that returning to an annual trade surplus won't happen until 2017.