Rupiah Moves Up On Inflation Target
By : Wiyanto And Aldo Bella Putra | Monday, December 11 2017 - 21:00 IWST
![Gubernur BI Agus Martowardojo](https://eagle.industry.co.id/uploads/berita/detail/1952.jpg)
Gubernur BI Agus Martowardojo
INDUSTRY.co.id - Jakarta - Bank Indonesia (BI) mentions the rupiah continues to maintain volatility. Even the depreciation of the rupiah against the dollar is lower than last year.
Bank Indonesia Governor Agus Martowardojo revealed, year to date (ytd), rupiah maintained 3%. This is in line with the year-end inflation target of 4 percent plus minus one percent.
"Rupiah maintained 3,%, ytd depreciation 0.4%, in line with the inflation target of the range agreed 4% + - 1%," he said in Jakarta, Monday (11/12/2017).
Current Account Deficit (CAD) or current account deficit does not exceed 2% of Gross Domestic Production (GDP) and next year does not exceed 3% of GDP.
Earlier, the exchange rate of rupiah traded interbank in Jakarta on Monday (11/12/2017) moved down by 20 points to Rp13,550 compared to the previous position at Rp13.530 per US dollar (US).
Read Also
FAB to Provide Over AED500 Billion (USD135 Billion) in Green Finance…
CTBC Supports Taiwanese Employees to Go Overseas
Rakuten Card’s Systems Development Subsidiary in Vietnam Relocates…
Increase in New Loan Disbursement Drives Growth in KB Bukopin's Interest…
PermataBank Holds Annual General Meeting of Shareholders 2023 and…
Today's Industry
![Totolink outlet. (Photo: Public Relation of Totolink)](https://eagle.industry.co.id/uploads/berita/small/5782.jpg)
Kamis, 11 Juli 2024 - 22:08 WIB
Totolink Strengthens Commitment to Innovative and Reliable Network Solutions for Indonesia
Marking a strategic step, Totolink Indonesia proudly announces the enhancement of its head office in Jakarta, located at Harco Mangga Dua Blok E No.28, Sawah Besar, Central Jakarta.
![The President Commissioner of Bersama Digital Data Centres (BDDC), Setyanto Hantoro (fourth right) and The President Director of BDDC, Angelo Syailendra (third right) during the BDDC JST1 Inauguration Ceremony in Jakarta on Wednesday (10/07/2024).](https://eagle.industry.co.id/uploads/berita/small/5781.jpg)
Kamis, 11 Juli 2024 - 19:03 WIB
BDDC Inaugurates JST1 TIER IV Data Centre in Jakarta to Strengthen Digital Infrastructure
Bersama Digital Data Centres (BDDC), an in-town data centre provider with interconnectivity and integrated digital systems, inaugurated its 5 MW Tier IV data centre facility, JST1 (Jakarta Selatan…
![The Board of Directors of PTT Global Chemical (GC) pose for a group photo after receiving the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin. (Photo: GC Public Relations)](https://eagle.industry.co.id/uploads/berita/small/5780.jpg)
Kamis, 27 Juni 2024 - 15:30 WIB
Global Chemical Achieves Prestigious SNI Certification for InnoPlus Polyethylene Resin
PTT Global Chemical (GC) is proud to announce its successful attainment of the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin.
![Financial Literacy](https://eagle.industry.co.id/uploads/berita/small/5779.png)
Rabu, 26 Juni 2024 - 22:47 WIB
The Importance of Financial Literacy
Financial literacy refers to the ability to understand and use various financial skills effectively, including personal financial management, budgeting, and investing.
![Unveiling New Opportunities](https://eagle.industry.co.id/uploads/berita/small/5778.png)
Rabu, 26 Juni 2024 - 14:52 WIB
Unveiling New Opportunities
As we step into 2024, the cryptocurrency landscape continues to evolve, presenting unprecedented opportunities for investors, developers, and enthusiasts.
News Comment