Indonesian Economy Archives

Bank Indonesia Holds Benchmark Interest Rate at 5.75% in October 2026

Jakarta, ThedailyID — Bank Indonesia (BI) has kept its benchmark interest rate at 5.75% following its Board of Governors Meeting ...

Rupiah Strengthens to Rp17,885 per Dollar as Oil Prices Decline

by Nurul Darari

October 12, 2026

Jakarta, ThedailyID — The Indonesian rupiah strengthened to Rp17,885 per US dollar on Monday morning, October 12, 2026. The currency ...

Indonesia’s Foreign Exchange Reserves Slip to $146.3 Billion in September

by Nurul Darari

October 7, 2026

Jakarta, ThedailyID — Indonesia’s foreign exchange reserves stood at US$146.3 billion at the end of September 2026, Bank Indonesia (BI) ...

Rupiah Falls Back to Rp18,000, BI Explains What’s Driving It

by Nurul Darari

September 29, 2026

Jakarta, ThedailyID — The Indonesian rupiah fell back to the Rp18,000 per US dollar level on Tuesday, September 29, 2026, ...

Kopdes Merah Putih Has Rp37 Trillion Debt to State-Owned Banks

by Nurul Darari

September 27, 2026

Jakarta, ThedailyID — Koperasi Desa/Kelurahan Merah Putih has accumulated Rp37 trillion in debt to Indonesia's state-owned banks. The debt sits ...

Photo: Screenshot from the Presidential Secretariat’s YouTube channel

Prabowo Expects Red and White Village Cooperatives to Boost Economy by 2027

by Nurul Darari

September 17, 2026

Jakarta, ThedailyID — President Prabowo Subianto expects the Red and White Village/Kelurahan Cooperatives, known as Kopdes Merah Putih, to deliver ...

OJK Says Non-Bank Debt Is Growing as Pinjol and Paylater Gain Popularity

by Nurul Darari

September 2, 2026

Jakarta, ThedailyID — Indonesians are increasingly turning to financing options outside traditional banks. The trend includes online loans, buy now ...