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BI Increases BI7DRR by 4.25%

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After last August Bank Indonesia (BI) raised the benchmark interest rate for the first time in 45 months, now they are raising the BI...

Indonesia’s Foreign Debt Drops to Rp 5,966 Trillion

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Bank Indonesia (BI) has just updated the amount of Indonesia's foreign debt (ULN). Indonesia's external debt position at the end of July 2022 was...

People’s Purchasing Power Is Still Strong

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Bank Indonesia (BI) recently submitted its survey report. The Bank Indonesia Consumer Survey revealed that consumer optimism about the current economic conditions remains strong....

BI Gives Explanation Regarding Its Monetary Policy

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The steps taken by Bank Indonesia (BI) regarding its monetary policy have raised questions from many parties. They were surprised by BI's policy of...

Banking Credit Grows to IDR 6,143.7 Trillion in July 2022

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Indonesia's economy is showing its passion after the pandemic subsides. This is evidenced by the latest data from Bank Indonesia related to bank credit....

Physical Money Towards Extinction?

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The use of physical money and ATMs began to be abandoned. This is based on the latest data published by Bank Indonesia (BI). According...

Benchmark Interest Rates Officially Rise, Rupiah Strengthens!

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Bank Indonesia (BI) decided to increase the BI 7 Days Reverse Repo Rate (BI7DRR) by 25 basis points to 3.75%. This policy was decided...

Motor Vehicle Credit Grows in July 2022

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Public interest in owning a motor vehicle through a credit scheme continues to increase. This is evidenced by the Banking Financing Demand and Supply...

Indonesia’s Balance of Payments Record Surplus 2.4 Billion US$

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Bank Indonesia reports good records regarding Indonesia's balance of payments or BOP. In the second quarter of 2022, Indonesia's trade balance recorded a surplus...

The New Rupiah Has Sophisticated Technology

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Bank Indonesia has officially launched 7 new banknotes in 2022 Emission Year. There are seven types, namely the IDR 100,000, IDR 50,000, IDR 20,000,...

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