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BI to remain ‘professional’ with strong governance, Perry vows
Regulations 2 months ago

PREMIUM
BI to remain ‘professional’ with strong governance, Perry vows

Professionalism will continue in monetary policymaking, Bank Indonesia (BI) Governor Perry Warjiyo has promised, seeking to allay any concerns following Deputy Finance Minister Thomas “Tommy” Djiwandono’s nomination as a deputy BI governor.
Core inflation to cool to below 4% in third quarter next year: Bank Indonesia
Economy 3 years ago

PREMIUM
Core inflation to cool to below 4% in third quarter next year: Bank Indonesia

The central bank expects core inflation to cool to below 4 percent by this time next year, a significant improvement from its year-end projection of 4.6 percent.
BI keeps rate at 3.5%, signals no change of stance in H1
Regulations 4 years ago

PREMIUM
BI keeps rate at 3.5%, signals no change of stance in H1

Bank Indonesia has kept its benchmark interest rate at 3.5 percent and signaled that a change in its monetary policy stance was unlikely in the first half of the year.
BI keeps interest rate low as virus surge prompts ‘flight to quality’
Business 4 years ago

PREMIUM
BI keeps interest rate low as virus surge prompts ‘flight to quality’

The flight to quality has sent the rupiah down more than 3 percent so far this year.
BI holds benchmark rate as Fed remains dovish
Business 4 years ago

PREMIUM
BI holds benchmark rate as Fed remains dovish

Bank Indonesia decided on Thursday to hold its benchmark seven-day reverse repo rate at 3.5 percent to maintain rupiah stability as the US Federal Reserve maintains its dovish stance for this year.
BI holds 3.5% benchmark rate amid weak rupiah, unusually low inflation
Business 4 years ago

BI holds 3.5% benchmark rate amid weak rupiah, unusually low inflation

Bank Indonesia decided to maintain the seven-day reverse repo rate at 3.5 percent, the deposit and lending facility rates at 2.75 and 4.25 percent, respectively, in its May meeting.
BI keeps benchmark rate at 3.5%, lowers GDP growth projection
Business 4 years ago

PREMIUM
BI keeps benchmark rate at 3.5%, lowers GDP growth projection

The rupiah had depreciated 3.62 percent year-to-date as of Monday but the depreciation was lower than the currencies of emerging economies such as Brazil, Turkey and Thailand.
BI holds rate at record low of 3.5% to shield rupiah
Business 5 years ago

PREMIUM
BI holds rate at record low of 3.5% to shield rupiah

The central bank is keeping its policy rate at 3.5 percent to stabilize rupiah following US President Joe Biden's landmark stimulus plan, which has prompted global investors to dump emerging market assets.
BI holds benchmark rate, urges banks to lower lending rate
Business 5 years ago

PREMIUM
BI holds benchmark rate, urges banks to lower lending rate

BI Governor Perry Warjiyo said the central bank was keeping the seven-day reverse repo rate at 3.75 percent, the lowest since the rate was introduced in 2016.
Bank Indonesia holds policy rate, sees room for further cuts amid virus risks
Business 5 years ago

Bank Indonesia holds policy rate, sees room for further cuts amid virus risks

BI has trimmed the benchmark rate twice this year in response to the pandemic.
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