Tag: bank indonesia
Bank Indonesia Launches New Instrument to Attract Export Earnings Back Home
Indonesia's central bank, Bank Indonesia (BI), has officially implemented a new monetary operation instrument, the Term Deposit Valas Devisa Hasil Ekspor (TD Valas DHE),...
Don’t Worry, Benchmark Interest Rates Will Not Rise Again
Bank Indonesia (BI) has reiterated that there is no need for interest rates to rise any further. Several factors such as the forecasted inflation...
The Banking Credit in January 2023 Grows but Slows Down
Bank Indonesia, the central bank of Indonesia, has reported that banking credit grew by 10.2% year-on-year to reach Rp6,284.6 trillion in January 2023. Compared...
Capital Outflow Reaches IDR 4.62 Trillion This Week, What Signs?
The flow of foreign capital out of the Indonesian financial market, or capital outflow, reached IDR 4.62 trillion this week. Bank Indonesia (BI) said...
The Economy Improves, Household Credit Gradually Increases
Indonesia's economy is showing a good recovery like before the Covid-19 pandemic. The improving economy has also boosted the credit financing sector. The Banking...
Bank Indonesia Holds Benchmark Interest Rate at 5.75%
Bank Indonesia (BI) announced that they were holding the benchmark interest rate or the BI 7-Day Reverse Repo Rate (BI7DRR) at 5.75 percent. BI...
BI Reveals 2 Sectors Supporting Indonesia’s Economic Growth in 2023
Bank Indonesia estimates that Indonesia's economic growth will remain strong this year. The two sectors that have become the main pillars of this growth...
Observing the Policy Direction of Bank Indonesia This Year
Bank Indonesia (BI) has just presented its policy direction views this year. According to Bank Indonesia Governor, Perry Warjiyo, the overall policy direction will...
Potential Global Uncertainties Still Overshadow Indonesia’s Economy
The post-pandemic economic recovery is going very well in Indonesia. The Governor of Bank Indonesia (BI) predicts that the national economy will remain on...
Sad, Indonesia’s Export Value Recorded Surplus Consecutively But Foreign Exchange Didn’t...
Indonesia's export value managed to record a surplus for 32 consecutive months. The export figure submitted by Bank Indonesia (BI) touched US$ 632.9 billion....