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The Jakarta Post
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BI holds benchmark rate at 5% amid snail's pace loan growth
Business 5 months ago

BI holds benchmark rate at 5% amid snail's pace loan growth

Bank Indonesia (BI) has decided to hold its benchmark interest rate at 5 percent amid a plunge in lo...
‘Winter is coming’: Synergy, transformation crucial for growth, says BI
Business 7 months ago

‘Winter is coming’: Synergy, transformation crucial for growth, says BI

Reiterating the President's notable Game of Thrones analogy, the Bank Indonesia govern...
Monetary easing continues as BI lowers bank reserve requirement
Business 7 months ago

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Monetary easing continues as BI lowers bank reserve requirement

The new policy, which will be effective as of Jan. 2, 2020, will free up Rp 26 trillion (US$1.8 bill...
BI maintains rate at 5 percent, lowers GWM by 50 bps
Business 7 months ago

BI maintains rate at 5 percent, lowers GWM by 50 bps

Bank Indonesia (BI) decided to maintain the seven-day reverse repo rate on Thursday at 5 percent aft...
Government to improve legal framework on sharia finance
Business 7 months ago

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Government to improve legal framework on sharia finance

The government plans to revise a presidential regulation on the National Committee for Sha...
Loan growth slows to 21-month low as businesses 'wait and see'
Business 8 months ago

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Loan growth slows to 21-month low as businesses 'wait and see'

The governor of Bank Indonesia says businesses were in a “wait-and-see” mode as a trade ...
Globalization dying down in face of digitization: BI governor
Business 10 months ago

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Globalization dying down in face of digitization: BI governor

The BI governor says the most obvious indicator that globalization has decreased is the more frequen...
Indonesia’s balance of payments falls to deficit in Q2 amid slowing growth
Business 10 months ago

Indonesia’s balance of payments falls to deficit in Q2 amid slowing growth

The balance of payments deficit reversed the $2.41 billion surplus recorded in the previous quarter....
Panda bonds issuance could strengthen rupiah
Business 11 months ago

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Panda bonds issuance could strengthen rupiah

About 28.61 percent of the government’s total outstanding debt was in US dollars as of July 24...
More rate cuts needed to jack up growth, economist says
Business 11 months ago

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More rate cuts needed to jack up growth, economist says

Bank Indonesia has slashed its policy rate to bring down the seven-day reverse repo rate to 5.7...
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