Tag: bank indonesia
BI Collaborates with ASEAN Central Banks for Fast Payment Connectivity Project
Bank Indonesia (BI) has partnered with four central banks of ASEAN member states to collaborate on a fast payment system connectivity in the region....
BI Expects Controlled Inflation Amid Global Commodity Prices Slowdown
Bank Indonesia (BI) has stated that core inflation will remain under control at around 3 plus minus 1 percent in the first half of...
Foreign Capital Inflows Reach IDR 10.97 Trillion in Indonesian Financial Markets
The Indonesian Central Bank, Bank Indonesia (BI), has reported that foreign capital inflows into the Indonesian financial market reached Rp10.97 trillion during the period...
Foreign Capital Outflow Reaches Rp140 Billion in Fourth Week of March...
The Bank of Indonesia (BI) has reported that foreign capital outflow from Indonesia's financial markets in the fourth week of March 2023 reached IDR...
The Plan to Redenominate Indonesian Currency and Its Progress: A Brief...
Recently, news about the plan to remove zeros from the Indonesian rupiah currency or to redenominate it has resurfaced on social media platforms. However,...
Domestic Credit Card System to Meet International Security Standards
Bank Indonesia (BI) has confirmed that the security and domestic credit card services that will be launched in April 2023 will not be inferior...
Bank Indonesia Maintains Benchmark Interest Rate at 5.75% in March
Bank Indonesia (BI) has decided to maintain its benchmark interest rate, the BI 7-Day Reverse Repo Rate (BI7DRR), at 5.75 percent during its Governor...
Indonesia’s External Debt Remains Under Control in January 2023, Continuing Contraction...
According to a report from Bank Indonesia (BI), Indonesia's external debt (ULN) remained under control in January 2023. The ULN position for Indonesia in...
Bank Indonesia Predicts Annual Increase in Retail Sales Performance for February...
Bank Indonesia (BI), the central bank of Indonesia, has released its forecast for retail sales performance for February 2023. According to BI, the annual...
Consumer Confidence Remains Strong in February 2023, Says Bank Indonesia Survey
According to a Consumer Survey conducted by Bank Indonesia in February 2023, consumer confidence in the country's economic conditions remained strong.
The survey showed that...
