Thu, 11 Nov 2010
Jakarta (ANTARA News) - Visiting US President Barack Obama said the US wants to become Indonesia`s biggest trade partner and investor.

He made the statement at a joint press conference with President Susilo Bambang Yudhoyono after holding a bilateral meeting at the Merdeka Palace here on Tuesday.

Right now the US was Indonesia`s third biggest trade partner and investor with trade between the two countries reaching US$21 billion in 2008.

"Just now President Yudhoyono said we are the third biggest trade partner and investor. We do not like to be number three. We want to be number one, and will do anything we can to become number one," he said.

To that end, Obama pledged he would gather US businessmen and investors and find economic opportunities in Indonesia.

President Yudhoyono meanwhile said on the occasion that economic cooperation between the two countries indeed could still be increased in view of the US`s great economic potentials and Indonesia`s fast economic growth.

President Yudhoyono and President Obama signed a comprehensive partnership agreement after the meeting.

The agreement was part of the efforts to increase concrete cooperation between Indonesia and the US in the future.

"We have agreed to increase cooperation in various fields with the main agenda in the fields of trade and investment, education, energy and environment," President Yudhoyono said.

President Yudhoyono said the comprehensive partnership agreement also covered security, democracy and empowerment of civil society.

At the meeting President Yudhoyono invited the US to invest in clean energy development, especially geothermal in Indonesia.

Indonesia and the US also agreed to cooperate in corruption eradication through law enforcement and also to discuss the future of the East Asia summit now also involving the US.

President Yudhoyono and President Obama also discussed regional issues such as the general elections in Myanmar, peace efforts in the Middle East and the role of G20 to promote world economic balance.(*)



News Search/Filter
Transaction Rates
25 May 18
Buy
Sell
AED1
3,850.96
3,850.96
AFN1
196.95
196.95
ALL1
130.92
130.92
AMD1
29.32
29.32
ANG1
7,879.79
7,879.79
AOA1
60.26
60.26
ARS1
575.53
575.53
AUD1
10,708.97
10,708.97
AWG1
7,913.45
7,913.45
AZN1
8,308.55
8,308.55
BAM1
8,476.02
8,476.02
BBD1
7,072.65
7,072.65
BDT1
167.37
167.37
BGN1
8,477.62
8,477.62
BHD1
37,460.09
37,460.09
BIF1
7.99
7.99
BMD1
14,145.30
14,145.30
BND1
10,512.24
10,512.24
BOB1
2,046.94
2,046.94
BRL1
3,876.07
3,876.07
BSD1
14,145.30
14,145.30
BTC1
105,234,969
105,234,969
BTN1
207.19
207.19
BWP1
1,427.85
1,427.85
BYN1
7,086.24
7,086.24
BZD1
7,036.94
7,036.94
CAD1
10,976.83
10,976.83
CDF1
8.76
8.76
CHF1
14,268.93
14,268.93
CLF1
617,159.97
617,159.97
CLP1
22.56
22.56
CNH1
2,218.34
2,218.34
CNY1
2,217.96
2,217.96
COP1
4.87
4.87
CRC1
25.01
25.01
CUC1
14,145.30
14,145.30
CUP1
554.71
554.71
CVE1
149.98
149.98
CZK1
642.82
642.82
DJF1
79.49
79.49
DKK1
2,225.99
2,225.99
DOP1
285.56
285.56
DZD1
121.59
121.59
EGP1
789.46
789.46
ERN1
941.13
941.13
ETB1
513.99
513.99
EUR1
16,581.27
16,581.27
FJD1
6,857.51
6,857.51
FKP1
18,930.22
18,930.22
GBP1
18,930.22
18,930.22
GEL1
5,726.61
5,726.61
GGP1
18,930.22
18,930.22
GHS1
3,041.94
3,041.94
GIP1
18,930.22
18,930.22
GMD1
299.95
299.95
GNF1
1.57
1.57
GTQ1
1,896.70
1,896.70
GYD1
67.71
67.71
HKD1
1,802.47
1,802.47
HNL1
592.76
592.76
HRK1
2,242.51
2,242.51
HTG1
219.77
219.77
HUF1
51.92
51.92
IDR1
1.00
1.00
ILS1
3,966.63
3,966.63
IMP1
18,930.22
18,930.22
INR1
207.19
207.19
IQD1
11.88
11.88
IRR1
0.33
0.33
ISK1
133.90
133.90
JEP1
18,930.22
18,930.22
JMD1
112.08
112.08
JOD1
19,936.92
19,936.92
JPY1
129.39
129.39
KES1
139.92
139.92
KGS1
207.06
207.06
KHR1
3.47
3.47
KMF1
33.69
33.69
KPW1
15.71
15.71
KRW1
13.09
13.09
KWD1
46,848.22
46,848.22
KYD1
16,973.01
16,973.01
KZT1
43.36
43.36
LAK1
1.69
1.69
LBP1
9.33
9.33
LKR1
89.47
89.47
LRD1
103.18
103.18
LSL1
1,119.33
1,119.33
LYD1
10,394.52
10,394.52
MAD1
1,493.28
1,493.28
MDL1
841.35
841.35
MGA1
4.32
4.32
MKD1
269.18
269.18
MMK1
10.44
10.44
MNT1
5.87
5.87
MOP1
1,749.93
1,749.93
MRO1
39.73
39.73
MRU1
396.11
396.11
MUR1
408.27
408.27
MVR1
912.02
912.02
MWK1
19.65
19.65
MXN1
722.40
722.40
MYR1
3,554.57
3,554.57
MZN1
234.11
234.11
NAD1
1,116.88
1,116.88
NGN1
39.31
39.31
NIO1
450.43
450.43
NOK1
1,746.35
1,746.35
NPR1
129.48
129.48
NZD1
9,801.28
9,801.28
OMR1
36,743.25
36,743.25
PAB1
14,145.30
14,145.30
PEN1
4,327.14
4,327.14
PGK1
4,332.66
4,332.66
PHP1
269.32
269.32
PKR1
122.28
122.28
PLN1
3,847.33
3,847.33
PYG1
2.48
2.48
QAR1
3,885.00
3,885.00
RON1
3,581.60
3,581.60
RSD1
140.29
140.29
RUB1
229.77
229.77
RWF1
16.32
16.32
SAR1
3,771.88
3,771.88
SBD1
1,790.84
1,790.84
SCR1
1,051.30
1,051.30
SDG1
783.50
783.50
SEK1
1,613.75
1,613.75
SGD1
10,554.57
10,554.57
SHP1
18,930.22
18,930.22
SLL1
1.80
1.80
SOS1
24.56
24.56
SRD1
1,894.12
1,894.12
SSP1
108.59
108.59
STD1
0.67
0.67
STN1
676.16
676.16
SVC1
1,616.54
1,616.54
SYP1
27.46
27.46
SZL1
1,119.88
1,119.88
THB1
441.84
441.84
TJS1
1,574.14
1,574.14
TMT1
4,030.02
4,030.02
TND1
5,576.26
5,576.26
TOP1
6,206.88
6,206.88
TRY1
2,973.29
2,973.29
TTD1
2,098.57
2,098.57
TWD1
472.64
472.64
TZS1
6.19
6.19
UAH1
541.50
541.50
UGX1
3.76
3.76
USD1
14,145.30
14,145.30
UYU1
452.88
452.88
UZS1
1.76
1.76
VEF1
0.17
0.17
VND1
0.62
0.62
VUV1
132.14
132.14
WST1
5,503.79
5,503.79
XAF1
25.27
25.27
XAG1
235,660.45
235,660.45
XAU1
18,451,763.69
18,451,763.69
XCD1
5,234.05
5,234.05
XDR1
20,072.17
20,072.17
XOF1
25.27
25.27
XPD1
13,826,603.35
13,826,603.35
XPF1
138.95
138.95
XPT1
12,891,716.09
12,891,716.09
YER1
56.50
56.50
ZAR1
1,138.22
1,138.22
ZMW1
1,377.87
1,377.87
ZWL1
43.88
43.88
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services