The Asian currencies, including the Indonesian rupiah, rose today as the market sentiment was positive after yesterday’s good news from Europe and the United States. The currency was further boosted as Fitch Ratings improved Indonesia’s credit grade.
Indonesian Rupiah IDR
![]()
Detailed information and fundamental factors
Central Bank: Bank of Indonesia
Interest Rate: 6.00%
Public Debt to GDP Ratio, 2010: 25.7%
Trade Balance, 2010: $30.7 bln.
Inflation, 2010: 5.1%
Supporting Factors
High-yielding interest rates
medium
Factors of Weakness
High-risk emerging market
strong
Political instability
medium
Indonesian Rupiah News Archive
Indonesian Rupiah Rises with Other Asian Currencies on Positive Sentiment
December 16th, 2011 at 11:49
Indonesian Rupiah
Indonesian Rupiah Falls as Central Bank Cuts Interest Rates
November 10th, 2011 at 13:11
Indonesian Rupiah
The Indonesian rupiah slipped today after the Bank Indonesia decreased its main interest rate, while concerns about the European debt added to the downside pressure.
Indonesia Intervenes to Support Rupiah, India & South Korea Follow
September 14th, 2011 at 12:51
Indonesian Rupiah
The Indonesian central bank intervened, selling dollars, to support the Indonesian rupiah that was weakened by the pessimistic outlook for the currencies of the emerging markets.
Worries About Europe Ease, Indonesian Rupiah Gains
June 06th, 2011 at 12:32
Indonesian Rupiah
The Indonesian rupiah strengthened today as concerns about the European debt crisis eased, increasing appeal of riskier currencies.
Indonesian Rupiah Gains on Positive Growth Outlook
May 10th, 2011 at 10:21
Indonesian Rupiah
The Indonesian rupiah advanced for the third day today on positive outlook for the biggest economy of Southeast Asia, caused by the inflow of foreign funds.
Indonesian Rupiah Rises on Strong GDP Growth
February 08th, 2011 at 12:43
Indonesian Rupiah
The Indonesian rupiah advanced today to the strongest level in almost three months as Indonesia’s economy expanded with the fastest pace in six years.
Bank Indonesia Raises Borrowing Costs
July 03rd, 2008 at 11:01
Indonesian Rupiah
The Bank Indonesia increased the interest rates today for its third meeting in a row to efficiently fight the accelerating inflation caused by the growing food and oil prices.
