{
    "success": true,
    "data": {
        "id": 1426008,
        "msgid": "indra-sets-rate-at-rp-7815-1447893297",
        "date": "1999-02-04 00:00:00",
        "title": "INDRA sets rate at Rp 7,815",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "INDRA sets rate at Rp 7,815 JAKARTA (JP): The Indonesia Debt Restructuring Agency (INDRA) set on Wednesday the U.S. dollar exchange rate used to convert domestic corporate debt into rupiah at Rp 7,815 for companies joining the agency's restructuring program in February. INDRA chairman Sumitro said the rate was based on the moving average market rate during 20 working days in January and monthly inflation rate in that month of 2.97 percent.",
        "content": "<p>INDRA sets rate at Rp 7,815<\/p>\n<p>JAKARTA (JP): The Indonesia Debt Restructuring Agency (INDRA)<br>\nset on Wednesday the U.S. dollar exchange rate used to convert<br>\ndomestic corporate debt into rupiah at Rp 7,815 for companies<br>\njoining the agency's restructuring program in February.<\/p>\n<p>INDRA chairman Sumitro said the rate was based on the moving<br>\naverage market rate during 20 working days in January and monthly<br>\ninflation rate in that month of 2.97 percent.<\/p>\n<p>On Wednesday, the rupiah traded at 7,450 against the dollar.<\/p>\n<p>INDRA's debt restructuring program offers a voluntary<br>\narrangement to debt-laden companies in which their obligations<br>\nwill be extended by eight years and they will receive access to<br>\ndollars at the locked-in rate that they pay to the agency.<\/p>\n<p>In return, they must resume making loan payments, which almost<br>\nall Indonesian companies have ceased to do.<\/p>\n<p>Until now, there has been little interest however, in joining<br>\nthe program.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indra-sets-rate-at-rp-7815-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}