US dollar (illustration)

Some large banks eye to become contributors of currency quotation

REPUBLIKA.CO.ID, JAKARTA - Several large banks in Indonesia are interested in becoming contributor to draft currency quotation for trading abroad. Bank Indonesia will bar local lenders from quoting the IDR exchange rate from nondeliverable forward (NDF) in the foreign-exchange market. The action aims to protect IDR against speculative trading.  "We seek to become contributor," Executive Director of Bank Central Asia...

On May 31, 2012, national foreign exchange is in the amount of 111.53 billion USD

Ahad , 10 Jun 2012, 23:27 WIB

Fitch: Indonesian foreign exchange is safe

Balinese eathenware (illustration)

Sabtu , 17 Mar 2012, 23:10 WIB

Bali gets millions USD from earthenware in 2012