Rupiah pressured as Indonesian trade surplus rebounds

The USD/IDR exchange rate was unchanged on Wednesday morning after the relatively disappointing Indonesian trade numbers. The USD to rupiah pair was trading at 15,370, which was a few points below thi...

Pound to rupiah stuck below key resistance

The GBP/IDR exchange rate moved sideways ahead of key economic numbers from the UK. The pair was trading at 18,426, which was a few pips below the year-to-date high of 18,466. It has been in a consoli...

Indonesian rupiah outlook darkens as DXY surges

The USD to Indonesian rupiah (USD/IDR) exchange rate has been in a strong bullish trend as emerging market currencies retreated. It has been hovering at 15,427, which is a few points below the year-to...

Central Bank of Indonesia Gears Up for Launch of Digital Rupiah

Under “Project Garuda” Indonesia is pushing further its plans for central bank digital currency (CBDC) – Digital Rupiah -starting with transactions among local banks. Last week, the central bank of In...

Indonesia Central Bank All-Set to Launch Digital Rupiah

34 mins ago | 2 mins read Bitcoin News Indonesia’s Central Bank on Wednesday revealed a planned white paper for a digital rupiah currency that will utilize blockchain technology as the country experie...

Digital Rupiah Issued by Bank Indonesia

The Indonesian monetary authority will soon issue the national fiat in digital form for use in wholesale transactions. Bank Indonesia has researched the potential rollout of the Central Bank Digital C...

Indonesia’s Central Bank Banking Heavy on Digital Rupiah Launch

18 mins ago | 2 mins read Altcoin News The conceptual design of the future digital rupiah would be released by the end of 2022. The digital rupiah’s security measures are now being developed by Bank I...

Bank Indonesia Prepares to Issue Digital Rupiah as Legal Tender for Digital Payments – Finance Bitcoin News

The central bank of Indonesia is working to issue a wholesale digital rupiah. The new currency is meant to be the only legal tender for digital transactions in the country while the regulator also wan...