Bank Indonesia

Bank Indonesia warns El Niño could drive food inflation across Asia

A strengthening El Niño is raising alarm across Asia's agricultural economies, with central banks, crop forecasters, and major producers warning of disruptions to food supplies, rising inflation, and declining output in the months ahead.

Asian currencies weaken as U.S.-Iran conflict escalates

Bank Indonesia has renewed its commitment to defend the rupiah as escalating conflict between the United States and Iran sends investors fleeing to the U.S. dollar and rattles currencies across Southeast Asia. The central bank's pledge comes as the rupiah…