Tag: bank indonesia
Indonesia’s Manufacturing Index Shows Expansion
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
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
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
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
Bank Indonesia (BI) gave a signal regarding new policy in responding to global economic developments. They will adjust policies amid global uncertainty that also...
Indonesia’s Inflation Is Still Safe
The world is in the shadow of crisis and recession. Several countries experienced significant increases in inflation. Some countries are even facing bankruptcy. Fortunately,...
Bank Indonesia Gives Explanation Regarding the Rupiah Drop
The Indonesian currency, the Rupiah, continues to be under pressure. Now the US dollar is at the level of Rp. 14,800. Many international factors...
Consumer Confidence Soars, Best in History!
Bank Indonesia (BI) released the latest data regarding Indonesian consumer confidence. Through a survey conducted by BI, the Consumer Confidence Index (IKK) in May...
Bank Indonesia Collects Third-Party Funds Up to Rp. 7.242,8 Trillion
The report on the third-party funds collection (DPK) in April 2022 was recently submitted by Bank Indonesia. It was recorded that the third-party funds...
Bank Indonesia Holds Interest Rates in May
Strong economic fundamentals and the government's decision to increase the subsidy budget could provide more room for Bank Indonesia (BI) to hold interest rates....
