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Indonesia’s Inflation Is Still Safe

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The world is in the shadow of crisis and recession. Several countries experienced significant increases in inflation. Some countries are even facing bankruptcy. Fortunately,...

Bank Indonesia Gives Explanation Regarding the Rupiah Drop

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The Indonesian currency, the Rupiah, continues to be under pressure. Now the US dollar is at the level of Rp. 14,800. Many international factors...

Consumer Confidence Soars, Best in History!

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Bank Indonesia (BI) released the latest data regarding Indonesian consumer confidence. Through a survey conducted by BI, the Consumer Confidence Index (IKK) in May...

Bank Indonesia Collects Third-Party Funds Up to Rp. 7.242,8 Trillion

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The report on the third-party funds collection (DPK) in April 2022 was recently submitted by Bank Indonesia. It was recorded that the third-party funds...

Bank Indonesia Holds Interest Rates in May

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Strong economic fundamentals and the government's decision to increase the subsidy budget could provide more room for Bank Indonesia (BI) to hold interest rates....

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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