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indonesian-rupiah News

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CNA - Business - News Image
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BusinessOct 20, 2025 10:26 AM

Bank Indonesia set to cut rates again as growth trumps rupiah concerns: Reuters poll

BENGALURU :Bank Indonesia (BI) will cut its key interest rate at its fourth consecutive meeting on Wednesday, taking it to 4.50 per cent, as policymakers put greater weight on supporting economic growth despite continued weakness in the rupiah, a Reuters poll of economists showed. Last month, the central bank surprised markets with a rate cut and Governor Perry Warjiyo said it was going "all out" to bolster growth while maintaining financial market stability. The rupiah has regained some groun ...Read More >

Abtak.com - Business - News Image
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22
BusinessOct 17, 2025 06:34 AM

Fitch upgrades outlook on IIFL Finance to positive

Mumbai: Credit rating agency Fitch Ratings has revised the outlook on IIFL Finance's (IIFL) long-term rating to positive from stable, and affirmed the rating on IIFL's senior secured debt at 'B+'. The rating agency expects the company's credit profile to improve over the next two years, particularly its business and risk profiles, asset quality and funding diversity. "The revision also reflects Fitch's expectation of a gradual decline in legacy problem assets over the next two years along with ...Read More >

Abtak.com - Business - News Image
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26
BusinessOct 14, 2025 04:31 PM

WIZZ FINANCIAL'S UNIMONI LAUNCHES INDIA'S FIRST AI-POWERED MULTI-CURRENCY CARD - 'WIZZ VOYAGER'

Empowering Indian travellers with smarter, seamless, and borderless spending MUMBAI, India, Oct. 14, 2025 /PRNewswire/ -- Wizz Financial, a first truly global Indian fintech group, proudly announces the launch of the AI-enabled 'Wizz Voyager' multi-currency card, in direct partnership with Visa, a global leader in digital payments, marking a groundbreaking milestone in India's travel and fintech landscape. Designed for today's global citizens, the Wizz Voyager card allows seamless spending in ...Read More >

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