
Indonesia Rebuffs Market Downgrade Threat as Growth Holds
Jakarta rejects credit rating and investment downgrade warnings, pointing to solid trade figures, robust consumption, and fiscal discipline.
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Jakarta rejects credit rating and investment downgrade warnings, pointing to solid trade figures, robust consumption, and fiscal discipline.

Record output in coal, power, and refining masks rising crude import bills and narrow infrastructure spending.

Early currency market losses compound import pressures as Brent crude rallies and domestic equities retreat.

New publication alleges Israeli prime minister facilitated a discreet central bank transfer involving United Arab Emirates funds.

Judicial custody of former monetary policymaker signals escalating investigation into state financial management.

Central bank tightens monetary policy to tame imported inflation driven by rising crude oil prices and sovereign bond yields.

Multilateral lender cautions policymakers that direct foreign exchange purchases deliver narrow, temporary stabilization benefits.

Aggressive foreign exchange interventions by the central bank curb excess rupee liquidity in the banking system, money-market desks report.

Central bank governor confirms active negotiations to secure additional funding from international lenders.

Traders report suspected dollar sales by the Reserve Bank of India to curb local currency volatility.

Regulatory actions curb sharp currency declines, prompting traders to reconsider aggressive short positions.

Foreign exchange intervention totals tens of billions as central bank moves to stabilize the currency.

Finance Minister Nirmala Sitharaman identifies capital outflows as a primary concern for the Indian economy in 2027.