Tag: bank indonesia
Breaking News! BI Reference Rate Increases Again to 5.75%
Bank Indonesia (BI) finally decided to raise the reference rate or BI 7-Day Reverse Repo Rate (BI7DRR) again by 25 bps to 5.75 percent....
Indonesia’s Inflation in 2023 Could Decrease But Remain High
Inflation is still a tough challenge for Indonesia. Bank Indonesia (BI) estimates that 2023 inflation in Indonesia could reach 4%. This forecast shows a...
Foreign Investors Recorded Inflows at the Beginning of 2023
Bank Indonesia published its latest report. Foreign investors were noted to be active in investing their capital in Indonesia in early 2023 or recording...
Bank Indonesia Increases BI7DRR Reference Rate to 5.5 Percent
Bank Indonesia (21-22/12) decided to increase the BI 7-Day Reverse Repo Rate (BI7DRR) again by 0.25 bps to 5.5 percent. This policy takes into...
BI Promises Not To Raise The Benchmark Interest Rate Excessively
The rise in inflation will not occur continuously due to various efforts to handle it domestically. This was conveyed by the Governor of Bank...
Indonesian People’s Household Financing Needs Decrease in the Future
Plans for additional household financing by the Indonesian people will decline in the future. This can be seen based on a survey from Bank...
The Governor of Bank Indonesia Explains 5 Evidence of World Turmoil
The world is in great turmoil. This was conveyed by the Governor of Bank Indonesia, Perry Warjiyo. He cites five pieces of evidence that...
Consumer Confidence Index Remains Strong in November
Consumer confidence in the Indonesian economy is still maintained. This is evident from the Consumer Confidence Index (IKK) in November 2022 which remains in...
November Inflation Declines
Bank Indonesia (BI) updated the latest report regarding the Consumer Price Index (CPI). November 2022 CPI inflation, on an annual basis, was recorded at...
Electronic Money Will Grow Significantly in Indonesia
Digitalization has penetrated the financial sector in Indonesia. With the convenience it offers, the electronic money will continue to grow and become increasingly popular...
