Increased Internet Usage Opens Up Financial Opportunities for Malaysian Traders

... , alongside the ability to trade forex, commodities and shares, consumers can ... financial position. An illustration of forex trading. (Pixabay Photo) Statistics Support ... that the number of online forex traders in 2019 was 9 ...

Forex Reserves Dip in April as Gov't Pays Off Overseas Debts

Jakarta. Indonesia saw its foreign exchange reserves dip in April as the government continues paying off its overseas debts. The foreign exchange reserves fell to $124.3 billion at the end of April from $124.5 billion a month earlier, data from Bank ...

Forex Reserves Drop by $3.1b in September: Bank Indonesia

Jakarta. Indonesia's foreign exchange reserves dropped by about $3.1 billion in September, partly due to currency market intervention, the central bank said on Friday (05/10), as the rupiah continued to trade near its weakest in over 20 years. A broad ...

Bank Indonesia Raises Rate a 5th Time, Plans Tool to Aid Rupiah

... investors and local corporations with forex needs, the governor said. BI ... well as an acceleration of forex market deepening," Perry said, adding ... hedging onshore, it could boost forex liquidity in the domestic market ...

Indonesia's Forex Reserves Decline Around $400m in August

Jakarta. Indonesia's foreign exchange reserves slipped around $400 million in August to $117.9 billion, Bank Indonesia said on Friday (07/09), partly because of the central bank's intervention to defend the rupiah. The rupiah has lost around 9 percent of ...

Indonesia's Forex Reserves Decline Around $400 Mln in Aug : Cbank

Jakarta. Indonesia's foreign exchange reserves slipped around $400 million in August to $117.9 billion, Bank Indonesia said on Friday (07/09), partly because of central bank intervention to defend the rupiah. The rupiah has lost around 9 percent of its ...

Bank Indonesia Intervenes in FX, Bonds Markets, as Rupiah Near 1998 Crisis Levels

... of dollars in the onshore forex market. "We observe there is ...

Japan, China Seek to Restart, Expand Forex Swap Line in Sign of Warming Ties

Tokyo. Japan and China are in talks to resume a currency swap arrangement between their central banks and expand it roughly tenfold, people with direct knowledge of the matter said, in a sign of warming ties between Asia's two biggest economies. The ...

Bank Indonesia Lowers Forex Swap Hedging Floor to $2m to Encourage Wider Use

Jakarta. Bank Indonesia has lowered the minimum limit on foreign exchange swap hedging from banks to the central bank to $2 million from $10 million, to attract more customers. Hedging is done to protect foreign exchange transactions against possible ...

Erdogan Says Turkey Will Boycott US Electronics, Lira Steadies

... stand decisively against the dollar, forex prices, inflation and interest rates ...