Below is a list with tagged columns and company profiles.

Today's Headlines JISDOR

  • Indonesia's Rupiah Strengthening Sharply vs US Dollar, Why?

    The Indonesian rupiah has been appreciated significantly over the past two days versus the US dollar. By 12:00 noon local Jakarta time on Wednesday (07/12), Indonesia's currency had strengthened 0.29 percent to IDR 13,331 per US dollar (based on the Bloomberg Dollar Index). Meanwhile, Bank Indonesia's Jakarta Interbank Spot Dollar Rate (JISDOR) appreciated 0.51 percent to IDR 13,336 per US dollar today. Lets zoom in on this performance.

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  • Emerging Market Currencies & Stocks Update: Indonesia's Rupiah

    Emerging Market Currencies & Stocks Update: Indonesia's Rupiah

    Indonesian stocks and the rupiah are under pressure on Thursday (24/11). Amid rising expectation of a Fed Funds Rate hike before the year-end, the US dollar rose to a 13 year-high implying all emerging market currencies are sliding. The Indonesian rupiah, one of the more vulnerable emerging market currencies, had depreciated 0.39 percent to IDR 13,542 per US dollar by 10:20 am local Jakarta time. Meanwhile, the benchmark Jakarta Composite Index had fallen 0.85 percent to 5,167.87 points by the same time.

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  • Indonesia's Rupiah Depreciates Sharply against US Dollar

    Indonesia's Rupiah Depreciates Sharply against US Dollar

    Emerging markets in Asia, including Indonesia, are plagued by sharply depreciating currencies on Friday morning (11/11). Demand for the US dollar is high on the "Trump effect". With a Republican-controlled US Congress and pragmatic businessman Donald Trump in the White House, markets have become positive about US economic growth in the years ahead. Meanwhile, it feeds the likelihood of faster and more frequent Fed Funds rate hikes during Trump's administration. The Indonesian rupiah was down 5.53 percent to IDR 13,865 per US dollar by 09:18 am local Jakarta time (Bloomberg Dollar Index).

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  • Indonesia's Rupiah Performing Well Today against US Dollar. Why?

    Indonesia's Rupiah Performing Well Today against US Dollar. Why?

    Indonesia's rupiah currency is performing remarkably well today. By 13:20 pm local Jakarta time the rupiah had appreciated 0.75 percent to IDR 12,943 per US dollar (Bloomberg Dollar Index). There are several factors that are pushing the rupiah in a stronger position. Enny Sri Hartati, economist at the Institute for Development of Economics and Finance (Indef), informed that capital inflows are the result of the government's tax amnesty program and rising foreign direct investment (FDI). Meanwhile, there is the impact of the US presidential debate.

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  • Stock Market & Rupiah Update Indonesia: Asia Extends Selloff

    Stock Market & Rupiah Update Indonesia: Asia Extends Selloff

    In line with the performance of US stocks overnight, Asian stocks plunged to a six-week low on Wednesday morning (14/09), while Asian currencies are under similar pressure. Investors have become increasingly concerned about weaker-than-estimated growth, while confidence in central banks' efforts to boost economies fades. Meanwhile, there remains a high degree of uncertainty about a looming interest rate hike in the United States. In Asia losses were extended as higher bond yields and excessive volatility encourage investors to unwind positions.

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  • Indonesian Stock Market & Rupiah Update: Rallying on Dovish Yellen

    Indonesian Stock Market & Rupiah Update: Rallying on Dovish Yellen

    In line with other markets in Asia, Indonesian stocks and the rupiah continued to rally on Tuesday (07/06) supported by the cautious words of Federal Reserve Chair Janet Yellen in a speech on Monday. Meanwhile, higher commodity prices boost the outlook for those commodity-exporting economies (including Indonesia). Indonesia's benchmark Jakarta Composite Index rose 0.78 percent to 4,933.99 points, while the Indonesian rupiah appreciated 0.80 percent to IDR 13,263 per US dollar (Bloomberg Dollar Index).

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  • Indonesian Rupiah versus US Dollar: Thriving on Weak Jobs Report

    Changing perceptions about US monetary policy have a big impact on Indonesian stocks and - especially - the rupiah, today. According to the Bloomberg Dollar Index, the Indonesian rupiah had appreciated 1.30 percent to IDR 13,418 per US dollar by 12:55 pm local Jakarta time. Meanwhile, the Jakarta Composite index rose 0.52 percent to 4,879.06 after the first trading session on Monday (06/06). What caused this performance? Well, the release of the weakest US jobs data since 2010.

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  • Volatile Day at the Office for the Indonesian Rupiah

    Volatile Day at the Office for the Indonesian Rupiah

    The Indonesian rupiah experienced a volatile day on Thursday (02/06), touching a four-month low in the morning after Indonesia failed to get investment grade status (yet) from global credit rating agency Standard & Poor's (S&P). However, at the end of the trading day the rupiah had appreciated 0.13 percent to IDR 13,643 per US dollar (Bloomberg Dollar Index). Most emerging Asian currencies appreciated against the US dollar today amid uncertainty about an imminent Fed Funds Rate hike.

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  • Financial Market Analysis Indonesia: Why is the Rupiah Weakening Today?

    Financial Market analysis Indonesia: Why is the Rupiah Weakening Today?

    The Indonesian rupiah was under pressure on Tuesday (24/05). Based on the Bloomberg Dollar Index, the rupiah depreciated 0.47 percent to IDR 13,638 per US dollar, the weakest level since early February 2016. However, the Indonesian rupiah is not the only emerging market currency in Asia that was under pressure today. Meanwhile, Asia's emerging market stocks also declined. Negative market sentiments are caused by growing speculation about a sooner-than-expected interest rate hike in the USA as well as sliding oil prices.

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  • Indonesian Rupiah & Stocks Fall on Hawkish Fed Minutes

    Indonesian Rupiah & Stocks Fall on Hawkish Fed Minutes

    Both the Indonesian rupiah and Jakarta Composite Index (IHSG) are under pressure on Thursday (19/05) as renewed speculation about a sooner-than-expected interest rate hike in the USA puts severe pressure on emerging market assets, while the US dollar is appreciating sharply. Based on the minutes of the 26-27 April Federal Reserve meeting, more and more analysts believe that another Fed Fund Rate hike could come as early as June 2016.

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Latest Columns JISDOR

  • Amid Global Concerns Indonesia’s Rupiah & Stocks Weaken

    Amid Global Concerns Indonesia’s Rupiah & Stocks Weaken

    Both the Indonesian rupiah exchange rate and stocks continued to fall on Tuesday (06/01) as global conditions remained unconducive. Indices on Wall Street had declined sharply yesterday as the global oil prices fell below USD $50 per barrel fueling concerns about a weaker global economy. Similarly, most Asian stock indices declined as Japan's yen appreciated and energy stocks were sold by investors. Indonesia’s benchmark Jakarta Composite Index fell 0.98 percent to 5,169.06 points.

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  • Indonesian Rupiah & Stocks: Down on Economic Data and Greece

    Indonesian Rupiah & Stocks: Down on Economic Data and Greece

    Indonesia’s benchmark stock index (Jakarta Composite Index) fell 0.43 percent to 5,220.00 points on Monday (05/01) amid profit taking on a relatively quiet trading day on the Indonesia Stock Exchange. Meanwhile, the Indonesian rupiah exchange rate depreciated 0.55 percent to IDR 12,614 per US dollar according to the Bloomberg Dollar Index as concerns about Greece exiting the euro intensified and boosted US dollar demand. Moreover, market participants were still reacting to Indonesia’s latest trade and inflation data.

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  • Analysis Global Market Volatility: Impact on Indonesia’s Rupiah

    Indonesia’s rupiah exchange rate and stocks opened stable on Wednesday (17/12) after two days marked by severe pressures on emerging market assets. By 11:30 am local Jakarta time, Indonesia’s rupiah was down 0.09 percent to IDR 12,736 per US dollar (according to the Bloomberg Dollar Index), while Indonesian stocks were up 0.41 percent by the same time. Yesterday, the rupiah nearly touched IDR 13,000 per US dollar (its lowest level since the Asian Financial Crisis in 1997-1998), before the central bank decided to support the currency.

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  • Indonesia’s Rupiah at 6-Year Low; Expected to Weaken until Mid-2015

    Indonesia’s Rupiah at 6-Year Low; Expected to Weaken until Mid-2015

    Amid weakening emerging Asian currencies, Indonesia’s rupiah exchange rate touched a six-year low on Friday (12/12) after US consumer spending rose in November while US jobless claims fell (signalling a strong recovery in the world’s largest economy). Based on the Bloomberg Dollar Index, the rupiah depreciated 0.95 percent to IDR 12,467 per US dollar on Friday. Besides the impact of the US dollar’s bullish momentum, the rupiah also weakened on year-end US dollar demand from local companies for debt payments.

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  • Indonesian Rupiah Exchange Rate Rebounds from Six-Year Low

    Indonesian Rupiah Exchange Rate Rebounds from Six-Year Low

    Contrary to the previous trading day, most emerging Asian currencies strengthened against the US dollar on Tuesday (09/12) supported by the yen’s advance as falling oil prices dented risk appetite. Based on the Bloomberg Dollar Index, Indonesia’s rupiah appreciated 0.47 percent to IDR 12,331 per US dollar today. Despite local firms’ increased US dollar demand to settle debt before the year-end, market participants were happy to learn that Indonesia’s central bank is active in the foreign exchange market to guard the currency.

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  • Currency of Indonesia Update: Rupiah Exchange Rate Strengthens Slightly

    Currency of Indonesia Update: Rupiah Exchange Rate Strengthens Slightly

    The Indonesia rupiah exchange rate appreciated slightly on Tuesday (02/12). By 12:50 pm local Jakarta time, the currency had appreciated 0.03 percent to 12,277 per US dollar according to the Bloomberg Dollar Index. Yesterday, Indonesia’s currency had depreciated to the lowest level since January 2014 after official government data showed that inflation had accelerated sharply, while exports contracted more than expected, implying that the country’s wide current account deficit remains troublesome.

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  • Indonesian Rupiah Exchange Rate: Depreciating against the US Dollar

    In line with most other Asian emerging currencies, Indonesia’s rupiah exchange rate depreciated on Friday (28/11). Market players continue to buy US dollars amid falling oil prices. Japan’s yen even fell to a seven-year low against the US dollar after government data showed that household spending declined four percent (y/y) and inflation slowed in the world’s third-largest economy. Based on the Bloomberg Dollar Index, the rupiah had depreciated 0.22 percent to IDR 12,204 per US dollar by 15:35 pm local Jakarta time.

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  • Rupiah Exchange Rate Update: Bank Indonesia Active in Market?

    Rupiah Exchange Rate Update: Bank Indonesia Active in Market?

    The Indonesian rupiah exchange rate depreciated 0.09 percent to IDR 12,164 per US dollar on Tuesday (25/11) according to the Bloomberg Dollar Index. The performance is caused by local companies’ month-end US dollar demand as well as US dollar buying by Indonesia’s central bank. Although unconfirmed, it is speculated that the central bank is boosting its foreign exchange reserves ahead of a looming external shock triggered by higher US interest rates in the second or third quarter of 2015.

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  • Stocks & Rupiah Update Indonesia: Stocks Rebound; Rupiah Weakens

    Stocks & Rupiah Update Indonesia: Stocks Rebound; Rupiah Weakens

    Amid mostly gaining stock markets in Southeast Asia on Tuesday (11/11), the benchmark stock index of Indonesia (Jakarta Composite Index, abbreviated IHSG) rebounded sharply after several days of declines. Most Indonesian blue chip stocks rose considerably after having tumbled in recent days. Positive market sentiments were caused by Joko 'Jokowi' Widodo’s participation in the Asia Pacific Economic Cooperation (APEC) summit in Beijing as well as news that both camps in Indonesian parliament have agreed to work together.

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  • Stocks & Rupiah Today: Performance of the Jakarta Composite Index

    Stocks & Rupiah Today: Performance of the Jakarta Composite Index

    Although we initially expected that the benchmark stock index of Indonesia (Jakarta Composite Index, abbreviated IHSG) would be supported by the various macroeconomic data (inflation, trade balance, and manufacturing activity) that were released by Statistics Indonesia today, the opposite is what happened. The index went into red territory amid profit taking, although the bond market in fact strengthened and foreign investors recorded net buying at IDR 224 billion (USD $18.7 million).

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