Bank Indonesia, the central bank of Indonesia, is concerned that the ongoing flooding that occurs in several regions of the country will give rise to inflationary pressures as some distribution channels are blocked. Besides logistics issues, severe rainfall can disturb harvests hence impacting negatively on the supply-side. In several parts of Indonesia, including the capital city of Jakarta and the northern part of Central Java, there are reports of major floods.
24 January 2020 (closed)
USD/IDR (13,647) +35.01 +0.26%
EUR/IDR (15,037) +20.88 +0.14%
Jakarta Composite Index (6,244.11) -5.10 -0.08%