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BI

BI to hold benchmark rate until end of 2021: Analysts
Business 6 days ago

BI to hold benchmark rate until end of 2021: Analysts

BI announced on Tuesday that it had kept its benchmark seven-day reverse repo rate at 4 percent, a r...
Factory activity improves in Q3 but remains below pre-pandemic level
Business 1 week ago

Factory activity improves in Q3 but remains below pre-pandemic level

Factory activity in Indonesia showed signs of improvement in the third quarter after recording the d...
BI holds benchmark rate to safeguard rupiah, pledges further support for economy
Business 1 week ago

BI holds benchmark rate to safeguard rupiah, pledges further support for economy

Bank Indonesia has kept its benchmark interest rate unchanged for a fourth consecutive month to safe...
Indonesia’s forex reserves drop to $135.2b in September
Business 2 weeks ago

Indonesia’s forex reserves drop to $135.2b in September

The current reserves level is estimated to be sufficient to support 9.1 months of imports and paymen...
Financial sector overhaul could harm BI’s independence, economists warn
Business 2 weeks ago

Financial sector overhaul could harm BI’s independence, economists warn

The possible amendments to the 1999 and 2004 Bank Indonesia (BI) Laws and the issuance of a regulati...
BI, Chinese central bank sign local currency settlement agreement
Business 3 weeks ago

BI, Chinese central bank sign local currency settlement agreement

Both central banks agreed to promote the direct exchange rate quotation and interbank trade for the ...
BI buys $15.7b in govt bonds to support economy
Business 3 weeks ago

BI buys $15.7b in govt bonds to support economy

Of the total figure, the central bank has bought Rp 51.17 trillion worth of sovereign debt papers (S...
Regulators, fintech companies work to balance innovation, regulation
Business 1 month ago

Regulators, fintech companies work to balance innovation, regulation

BI plans to come up with one umbrella regulation for payments that would streamline all the regulati...
BI to maintain accommodative policy as GDP set for first annual contraction since 1998
Business 1 month ago

BI to maintain accommodative policy as GDP set for first annual contraction since 1998

Finance Minister Sri Mulyani Indrawati said on Tuesday that the government had revised its gross dom...
Experts urge BI to have exit strategy from burden-sharing scheme as risks loom
Business 1 month ago

PREMIUM
Experts urge BI to have exit strategy from burden-sharing scheme as risks loom

Under the scheme, the central bank is to buy up to $28 billion in government bonds while shouldering...
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