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BI Adjusts Rupiah for International Activities

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Bank Indonesia (BI) adjusts rupiah transaction rules for international activities. The plan is that the regulation will take effect on April 27, 2022. This right...

Unlike the Fed, Bank Indonesia Will Still Hold Interest

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The need to accelerate growth and strong economic fundamentals have prompted Bank Indonesia (BI) to maintain its benchmark interest rate this month. This has made...

Consumer Confidence Survey in February Dropped to 113.1

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Bank Indonesia has conducted a consumer survey, the Consumer Confidence Index (IKK), last February. The survey shows that the IKK is at 113.1. This...

Indonesia’s Devisen Decreased after Four Consecutive Months of Growth

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Indonesia's devisen, foreign exchange reserves, have decreased, after four consecutive months of growth. Bank Indonesia (BI) reported that the position of foreign exchange reserves...

BI Revokes and Withdraws Several Rupiahs

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As of August 30, 2021, Bank Indonesia (BI) revoked and withdrew 20 types of Special Rupiah Denominations (URK) for the 1970-1990 issuance years. The...

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