Freeport, Rio Sell Majority Stake in Grasberg Mine to Indonesia

... often fractious negotiations with Indonesia over ownership rights to ... composition would depend on interest rates at the time of ... Freeport's business in Indonesia. "This completes the ... of the transactions. Freeport Indonesia executive vice president Tony ...

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

Jakarta. Indonesia's central bank raised its benchmark interest rate for the fifth ... hiked US interest rates for the third time this year, Bank Indonesia (BI ... ) increased its benchmark interest rate by 25 ...

Bank Indonesia Needs to Raise Rate to Stay Ahead of the Curve

... the trend of rising global interest rates," said Cyrillus Harinowo, a former ... interest rates by 175 basis points. That narrowed the interest rate differential between Indonesia ... assets due to rising US interest rates, contagion fear from other emerging ...

It Is Not All Fed: Domestic Debt Risks May Spur More Asia Rate Hikes

... -driven rise in global interest rates, which have roiled currencies ... a clear desire to normalize interest rates." Strong external surpluses have ... as India and Indonesia. But as rates rise faster than ... , and sharp losses in Indonesia and the Philippines. Debt ...

Indonesia's Dollar Supply Increases as Investors Return: Central Bank Governor

... exporters converting their earnings, Bank Indonesia Governor Perry Warjiyo said on ... the lower end of Bank Indonesia's 2.5 percent to ... percent in August. Bank Indonesia has raised interest rates four times since mid ...

Indonesia's Trade Deficit Seen Shrinking, Though Imports Still High: Reuters Poll

Jakarta. Indonesia's trade balance is expected ... in Turkish lira. Bank Indonesia raised interest rates for the fourth time since ... said, referring to Bank Indonesia's reference interest rate. Analysts in the ...

In Indonesia, Long-Term Foreign Bond Investors Keep Faith – for Now

... The recent turbulence highlighted Indonesia's heavy dependence on ... to promote stability: Indonesia has raised interest rates four times, hiked ... less than half of Indonesia's foreign-exchange reserves. ... 20 billion of inflows Indonesia received in 2016 and ...

Rupiah Not yet Stable Despite Slight Appreciation : Bank Indonesia

... , a deputy governor of Bank Indonesia (BI) said Friday (14/09 ... , adding that BI will combine interest rate policy with currency intervention ... the volatility. BI has raised interest rates four times since mid-May ...

Indonesia Cbank Will Stay "Hawkish" in Setting Interest Rate Policy : Deputy Gov

Jakarta. Indonesia's central bank will remain ... of the curve in its interest rate policy, its senior deputy ... raise interest rates by 0.75-1.25 percentage points, Bank Indonesia (BI ... member whether BI will raise rates again. BI has hiked its ...

Telkom Raises $100m From Medium-Term Notes

... owned telecommunications company Telkom Indonesia has raised $100.7 million ... swapping debt-carrying floating interest rates with those that have ... fixed rates. The proceeds are ... . Rating agency Pemeringkat Efek Indonesia (Pefindo) gave Telkom's ...