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‘This is not a normal time’: BI to break barriers in COVID-19 battle
Business 5 months 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 5 months 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...
Expand deficit to 5%, cut taxes on rich in exchange for required COVID-19 donations: House
Business 5 months ago

Expand deficit to 5%, cut taxes on rich in exchange for required COVID-19 donations: House

The House budget committee (Banggar) has urged the government to raise the budget deficit ceili...
BI injects $10.1b to stabilize bond markets as investors dump Indonesian assets
Business 6 months ago

BI injects $10.1b to stabilize bond markets as investors dump Indonesian assets

BI data recorded Rp 105.1 trillion in capital outflow as of Thursday, of which foreign investor...
Bank Indonesia spends Rp 110t to stabilize markets as virus stokes sell-off
Business 6 months ago

Bank Indonesia spends Rp 110t to stabilize markets as virus stokes sell-off

BI recorded a foreign outflow of about Rp 31.76 trillion (US$2.19 billion) worth of government bonds...
Indonesia's domestically driven economy could be blessing in disguise amid outbreak: ADB
Business 6 months ago

Indonesia's domestically driven economy could be blessing in disguise amid outbreak: ADB

Indonesia's place outside the global supply chain might just help it rise above the tide of...
‘Triple market intervention’: BI buys bonds, rupiah to prop up prices amid viral rout
Business 6 months ago

‘Triple market intervention’: BI buys bonds, rupiah to prop up prices amid viral rout

The central bank has bought Rp 103 trillion (US$7.24 billion) worth of SBNs, Rp 80 trillion of which...
Coronavirus may weaken rupiah this year: Fitch Solutions
Business 6 months ago

Coronavirus may weaken rupiah this year: Fitch Solutions

Fitch Solutions has revised the rupiah’s outlook for 2020 to 14,207 per US dollar from its ini...
BI continues to intervene in markets as foreigners sell Indonesian securities
Business 6 months ago

BI continues to intervene in markets as foreigners sell Indonesian securities

Bank Indonesia has pumped Rp 87 trillion (US$6.2 billion) into the domestic bond and forex mark...
BI injects $1.8b to stabilize Indonesian markets as investors flee over coronavirus fears
Business 7 months ago

BI injects $1.8b to stabilize Indonesian markets as investors flee over coronavirus fears

Investors have sold off assets over fears the rapidly spreading coronavirus will hurt the global eco...
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