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View all search resultsforeign-exchange-reserves
Economy 3 years ago
Forex reserves stagnant in August as BI seeks to stabilize rupiah
At the end of August, Indonesia’s foreign exchange reserves, despite remaining stagnant from the previous month at US$132.2 billion, were deemed sufficient to support the country’s economic prospects for the rest of this year.
Academia 3 years ago
PREMIUM
Lessons learned from the 1997 Asian financial crisis
In terms of Human Development Index (HDI) China ranks 85th in the world, Indonesia and the Philippines at 107th place and Vietnam at 117th, though these countries have done well in terms of improvement throughout the period of 2010 and 2019.
Business 5 years ago
Indonesia’s forex reserves dropped slightly to $133.6b in November
“Bank Indonesia is of the view that the foreign exchange reserves are adequate, supported by stability and a positive outlook for the economy, in line with various policy responses to push for economic recovery,” the central bank said in a statement.
Business 5 years ago
Bank Indonesia to cut benchmark rate once again this year, Fitch Solutions says
Bank Indonesia (BI) is projected to cut its benchmark interest rate by 25 basis points later this year to support the Indonesian economy against the coronavirus pandemic impact, backed by sufficient foreign exchange reserves, Fitch Solutions says.
