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Rupiah

19 July 2024
Taiwan dollar hits 8-year low on chip sell-off

The Taiwanese dollar fell to its lowest level since May 2016, trading at 32.786 per dollar before settling at 32.762, down 0.5%. This decline was driven by a sell-off in chip stocks and concerns over a possible isolationist shift in …

15 July 2024
Asian currencies face challenges as markets react to Trump attack fallout

The dollar index (DXY) last traded at 104.210 against a basket of major currencies. Despite the holiday in Japan halting cash U.S. Treasuries trading, the 10-year Treasury futures trended lower.

5 July 2024
Indonesian foreign exchange reserves hit record highs 

The foreign exchange reserves of Indonesia surged, driven by robust tax revenues and foreign loan withdrawals. Learn how this helps the economic stability in Indonesia.

11 June 2024
Asian assets cautious ahead of US CPI data and Fed meeting

Key points: Indonesian rupiah at lowest level in 4 years Taiwan stocks jump to a record high US CPI data and Fed policy meeting due on Wednesday Emerging Asian markets were finely balanced on Tuesday as traders awaited the release …

10 June 2024
Indonesian Rupiah hits 4-year low; Other Asian forex dip before key data

Key points: Indonesian Rupiah reaches a four-year nadir, influencing broader trends in emerging Asian currencies. Jakarta stocks descend to their lowest point since November 2023, amid regional market pressures. The Indonesian Rupiah marked a new four-year low on Monday, declining …

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