Search

Select theme:

Saved articles

You have not yet added any article to your bookmarks!

Newsletter image

Subscribe to the Newsletter

Join 10k+ people to get notified about new posts, news and tips.

Do not worry we don't spam!

Kuwait Customs Thwart Gold Smuggling Attempts by Two Indian Travelers! | July Cargo Volume at Port of Los Angeles Hits Second-Highest Record! | Philippines Floods Hit Farmers as Monsoon Rains Continue! | Riyadh Police Apprehend Driver Following Stolen Vehicle Incident! |

Indonesia to Tighten FX Rules to Support Rupiah

Indonesia to Tighten FX Rules to Support Rupiah

Post by : Shakul

Bank Indonesia has announced new foreign exchange (FX) measures to stabilize the rupiah, which has come under pressure due to global economic uncertainty and rising geopolitical tensions.

Governor Perry Warjiyo said the central bank will reduce the monthly cap on FX purchases from $100,000 to $50,000 per customer starting April 2026. The move is aimed at limiting excessive dollar demand and supporting the domestic currency.

At the same time, Bank Indonesia will expand its monetary tools by increasing limits on Domestic Non-Deliverable Forward (DNDF) and swap transactions to $10 million per deal. It will also tighten reporting requirements for overseas transfers, lowering the threshold for mandatory documentation.

The rupiah has weakened to around Rp 16,985 per US dollar, reflecting broader pressure on emerging market currencies amid Middle East conflicts and a stronger US dollar. Despite this, Indonesia maintains strong foreign exchange reserves, ensuring stability and resilience in the financial system.

March 18, 2026 2:12 p.m. 520

#world news #Global News #Business News #Politics

LandSpace Successfully Lands Zhuque-3 Rocket Booster in China
Aug. 19, 2026 1:14 p.m.
LandSpace successfully lands its Zhuque-3 booster, marking a major step for China’s reusable rocket technology and commercial space industry
Read More
Kuwait Customs Thwart Gold Smuggling Attempts by Two Indian Travelers
Aug. 19, 2026 12:50 p.m.
Kuwait Customs intercepted two Indian flyers to Ahmedabad, seizing 855g of 24-karat gold hidden in their accessories.
Read More
July Cargo Volume at Port of Los Angeles Hits Second-Highest Record
Aug. 19, 2026 11:38 a.m.
The Port of Los Angeles recorded 960,464 TEUs in July, driven by strong imports and rising consumer demand.
Read More
South Korea-US Drills Cut to Five Days Amid North Korea Tensions
Aug. 19, 2026 11:23 a.m.
South Korea and the US have cut joint military drills from 11 days to five, reducing field training after Trump ordered a major US participation cut
Read More
Kolkata Hotel Fire Kills 9, Including Child, in Major Blaze
Aug. 19, 2026 10:47 a.m.
Nine people, including a child, died in a Kolkata hotel fire. More than 60 were rescued as police investigate the cause and possible safety violations
Read More
Myanmar Leader Visits Russia Amid Diplomatic Push and Legal Risks
Aug. 18, 2026 3:55 p.m.
Min Aung Hlaing visits Russia to strengthen Myanmar Russia Relations, while ICC legal risks continue to limit his international travel
Read More
Singapore Father Jailed 9 Months for Abusing Baby Daughter
Aug. 18, 2026 3:30 p.m.
A Singapore father was jailed for 9 months after abusing his infant daughter. The Child Abuse case involved repeated violence against the baby
Read More
Philippines Floods Hit Farmers as Monsoon Rains Continue
Aug. 18, 2026 3 p.m.
Monsoon floods in northern Philippines have damaged homes and crops, while low prices and transport problems are adding to farmers’ losses
Read More
Riyadh Police Apprehend Driver Following Stolen Vehicle Incident
Aug. 18, 2026 1:14 p.m.
In Riyadh, a driver was arrested for drifting in a stolen car, hitting a pedestrian, and fleeing before being taken into custody.
Read More
Trending News

Lamborghini Catches Fire on Singapore's ECP, Causing Heavy Traffic

A Lamborghini caught fire on Singapore's ECP, causing heavy traffic and bus delays. No injuries were
July 24, 2026 12:01 p.m. 356

Bangkok Airport Duty-Free Area Flooded by Pipe Burst

A burst water pipe flooded the duty-free shopping area at Bangkok's Suvarnabhumi Airport on July 16,
July 17, 2026 1:21 p.m. 345

Nine Monks Killed in Thailand Pickup Truck Tragedy

An 11-year-old boy driving a pickup truck crashed into monks during a pilgrimage in northeastern Tha
July 2, 2026 6:26 p.m. 325

Anwar Congratulates Xi on CPC's 105th Anniversary

Malaysia reaffirms strong ties with China as PM Anwar Ibrahim sends a congratulatory letter to Presi
July 2, 2026 4:16 p.m. 266

Thai Agriculture Team Reviews 2026 Farm Development Plans

Agriculture Ministry officials inspected livestock and organic rice projects in Nakhon Sawan to moni
July 2, 2026 10:15 a.m. 253

Thailand, Canada Boost Ties in PM-Level Phone Talks

Thailand and Canada agreed to strengthen trade, security, OECD cooperation and ASEAN-Canada FTA talk
June 25, 2026 4:52 p.m. 209

Experts Predict Stable Scores for Vietnam 2026 Exams

Education experts expect the 2026 Vietnam high school graduation exam scores to remain stable, with

June 25, 2026 4:35 p.m. 284

Vietnam's To Lam Urges Youth to Drive Nation's Future

Vietnam's General Secretary and To Lam urged young people to drive innovation, embrace digital skill
June 25, 2026 3:42 p.m. 302