BNI (BBNI) Welcomes DHE Extension, Boosts Banking Liquidity

Archyde Indonesia has announced ambitious plans to bolster its financial liquidity. The government is extending the Foreign Exchange Proceeds from Exports (DHE) retention period for natural resource exporters, aiming to strengthen the currency and ensure greater financial stability. Previously, the policy mandated exporters to retain 30% of their earnings in indonesian financial institutions for three … Read more

Rupiah Closes Stronger on Donald Trump’s Day One

TEMPO.CO, Jakarta – The rupiah closed stronger at 16,343 per US dollar today, said Ibrahim Assuaibi, the director of PT Laba Forexindo Berjangka.  Bloomberg reported that the rupiah strengthened 24 points from the previous closing at Rp16,367 per US dollar. Ibrahim expects on Tuesday, January 21, for the trend to continue tomorrow, with the rupiah closing … Read more

Iran: Energy Giant Facing Fuel Crisis

Archyde Iran‘s Energy Crisis: Gas Shortages Force School Closures and Blackout Measures Table of Contents 1. Iran’s Energy Crisis: Gas Shortages Force School Closures and Blackout Measures 2. Prioritizing Geopolitics Over Infrastructure? Despite possessing ‌some of the world’s largest natural gas and crude oil reserves, ​Iran is⁢ facing a severe energy crunch.⁣ The situation has … Read more