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Government Officially Issues 7 New Money 2022

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The government, through Bank Indonesia, officially launched 7 new banknotes in the 2022 edition. The design of this new note looks new and fresh....

Don’t Worry, The Benchmark Interest Rate Will Not Go up Yet

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Indonesia's inflation has reached 4.94% year on year (YoY), and core inflation has reached 2.86%. However, Bank Indonesia ensures it will not be in...

Celebrating Indonesia’s 77th Independence Day, Bank Transfer Only Rp. 77!

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In order to welcome the 77th Indonesian Independence Day, Bank Indonesia (BI) held a very useful promo. BI sets the interbank transfer fee at...

Bank Indonesia’s Policies Direction after the Economic Rise

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The Indonesian economy recorded beyond expectation result. Indonesia's economic growth managed to reach 5.44% (year on year/Yoy) in the second quarter of 2022. In...

Middle-Class People Prefer Installments Than Saving

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The middle-class group in Indonesia who earns IDR 5 million and above per month reduces the proportion of spending on savings in July 2022...

Foreign Exchange Reserves Decreased by US$ 4.2 Billion

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Indonesia's foreign exchange reserves experienced an increase in June. However, in the latest release from Bank Indonesia, Indonesia's foreign exchange reserves at the end...

July Inflation Approaching 5%, Will Interest Rates Rise?

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The Central Statistics Agency (BPS) recorded that the inflation rate in July 2022 reached 4.94 percent on an annual basis. Several international pressures also...

BI Sells Government Securities to Suppress Inflation

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Bank Indonesia (BI) is trying to suppress inflation in various ways. BI tightened liquidity in the financial market by selling Government Securities (SBN) on...

Bank Indonesia Maintains Its Interest Rates

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Bank Indonesia has set the benchmark interest rates for the BI 7-Day Reverse Repo Rate (BI7DRR) unchanged. The results of the Board of Governors'...

Bank Indonesia: Bank Loans Will Grow 9.2%

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Bank Indonesia (BI) presented the results of its latest banking survey. According to BI, bank loans are expected to grow by 9.2 percent in...

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