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The Jakarta Post
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bank-indonesia

COVID-19 batters Indonesia’s loan growth to record low
Business 10:25 am

COVID-19 batters Indonesia’s loan growth to record low

The country’s banking industry recorded 5.93 percent loan growth in this year’s second m...
Bracing for financial crisis
Opinion 3 days ago

Bracing for financial crisis

Several economists have even expressed fears that this public health crisis could become the mother ...
Bank Indonesia in talks with US, China on currency swaps
Business 3 days ago

Bank Indonesia in talks with US, China on currency swaps

BI Governor Perry Warjiyo said on Thursday that Indonesia’s foreign exchange (forex) reserves ...
‘This is not a normal time’: BI to break barriers in COVID-19 battle
Business 3 days ago

‘This is not a normal time’: BI to break barriers in COVID-19 battle

“We vow to return to prudent monetary management if the market is ready to fully absorb the de...
Bank Indonesia pledges to strengthen rupiah to Rp 15,000 per US dollar
Business 4 days ago

Bank Indonesia pledges to strengthen rupiah to Rp 15,000 per US dollar

The rupiah, already the worst performer in Asia, is currently trading at Rp 16,525 per US dollar, ac...
Inflation stable in March but COVID-19 risks loom over outlook: Economists
Business 4 days ago

Inflation stable in March but COVID-19 risks loom over outlook: Economists

Indonesia recorded a benign inflation rate in March as the government’s measures to maintain f...
BI sees signs of slowing capital outflow as stimulus packages calm markets
Business 4 days ago

BI sees signs of slowing capital outflow as stimulus packages calm markets

“The government absorbed Rp 22.2 trillion from the Rp 15 trillion indicative target from the a...
Indonesia’s COVID-19 stimulus playbook explained
Business 4 days ago

Indonesia’s COVID-19 stimulus playbook explained

Jokowi signed a Perppu to legitimize much more state spending and financial relief efforts as Indone...
Explainer: BI to throw lifeline to Indonesia’s economy to fight COVID-19
Business 5 days ago

Explainer: BI to throw lifeline to Indonesia’s economy to fight COVID-19

Government Regulation in Lieu of Law (Perppu) No. 1/2020 stipulates that the government can issue bo...
Further BI rate cut expected as growth may drop to 2.8%: Morgan Stanley
Business 6 days ago

Further BI rate cut expected as growth may drop to 2.8%: Morgan Stanley

The central bank has cut its benchmark rate by 50 bps to 4.5 percent this year to protect the econom...
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