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View all search resultsbi-rate
Economy 4 months ago
PREMIUM
BI holds rate steady to rein in rupiah's weakening
The central bank has decided to keep the BI-Rate unchanged at 4.75 percent to prevent the rupiah from spiraling ever downward amid the nearly two-month war in Iran as the currency hit a record low of Rp 17,193 per greenback on Wednesday, while experts pointed to a narrowing room for monetary policy in its aim to secure financial stability.
Regulations 5 months ago
PREMIUM
BI keeps rate on hold as Iran war pressures rupiah
Bank Indonesia (BI) has left its benchmark interest rate unchanged as the United States-Israel war on Iran puts pressure on the rupiah, prompting the central bank to respond with forex market intervention and tighter foreign exchange controls.
Regulations 7 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.
Regulations 9 months ago
PREMIUM
BI holds rate steady, projects higher GDP growth
Bank Indonesia (BI) has kept its benchmark interest rate unchanged for a second month after recently decreasing it by 25 basis points (bps) in each of three consecutive meetings. The central bank has revised up its gross domestic product projection for the year.
Markets 10 months ago
PREMIUM
BI pauses after three consecutive rate cuts, but open to more
Bank Indonesia has kept its benchmark interest rate in place after decreasing it by 25 basis points (bps) in each of the past three months, but the central bank is open for further cuts to encourage lending and push economic growth to its true potential.
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