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bank-indonesia

BI vows to keep rate low in 2021 to support recovery
Business 09:35 am

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BI vows to keep rate low in 2021 to support recovery

The central bank has cut its benchmark interest rate five times this year to 3.75 percent, its lowes...
House drops BI Law revision, shifts focus to omnibus bill on financial sector
Business 3 days ago

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House drops BI Law revision, shifts focus to omnibus bill on financial sector

The plan to amend the Bank Indonesia (BI) Law caused concern in the financial markets since it had l...
Indonesia books first current account surplus since 2011
Business 1 week ago

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Indonesia books first current account surplus since 2011

Indonesia booked a US$1 billion current account surplus in the third quarter, the country’s fi...
Bank Indonesia delivers surprise cut to revive shrinking economy
Business 2 weeks ago

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Bank Indonesia delivers surprise cut to revive shrinking economy

Bank Indonesia trimmed its benchmark seven-day reverse repo rate by 25 basis points to 3.75 per...
Sri Mulyani calls for 'level playing field' through fintech policy approach
Business 2 weeks ago

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Sri Mulyani calls for 'level playing field' through fintech policy approach

Sri Mulyani says that a policy approach ensuring fair competition, consumer protection and econ...
Indonesia sees 3.8% foreign debt growth in Q3, BI says debt-to-GDP still 'healthy'
Business 2 weeks ago

Indonesia sees 3.8% foreign debt growth in Q3, BI says debt-to-GDP still 'healthy'

While Indonesia’s external debt grew 3.8 percent year-on-year in the third quarter, Bank ...
Indonesia’s forex reserves decline to $133.7 billion in October
Business 3 weeks ago

Indonesia’s forex reserves decline to $133.7 billion in October

Indonesia’s foreign exchange (forex) reserves declined by US$1.5 billion in October to $133.7 ...
Bank Indonesia ‘leaves room’ for further rate cuts this year
Business 1 month ago

Bank Indonesia ‘leaves room’ for further rate cuts this year

Bank Indonesia (BI) still has the option to cut its benchmark interest rate further this year to aid...
Indonesia's economy showing signs of improvement
Business 1 month ago

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Indonesia's economy showing signs of improvement

The country’s financial system remained stable in the third quarter and was expected to furthe...
BI to hold benchmark rate until end of 2021: Analysts
Business 1 month 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...
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