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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...

Indonesia’s Manufacturing Index Shows Expansion

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During the second quarter of 2022, Indonesia's manufacturing industry managed to show a pretty good performance amid the global inflation phenomenon. Figures obtained in...

If Inflation Rises, Benchmark Interest Rates Will Also Rise

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Bank Indonesia has signaled an increase in the benchmark interest rate or the BI 7-day reverse repo rate (BI7DRRR). BI has hinted that they...

Bank Indonesia Will Soon Issue Digital Rupiah

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Bank Indonesia will soon issue a central bank digital currency (CBDC) or so-called digital Rupiah. Currently, the guidelines are being formulated by BI. Then,...

Indonesia’s Foreign Exchange Reserves Increase US$ 0.8 Billion

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Bank Indonesia (BI) released a report on the Indonesia's foreign exchange reserves in June 2022. According to the BI report, Indonesia's foreign exchange reserves...

Bank Indonesia Will Release New Policy

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Bank Indonesia (BI) gave a signal regarding new policy in responding to global economic developments. They will adjust policies amid global uncertainty that also...

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