There is a big possibility that the central bank of Indonesia (Bank Indonesia) will raise its benchmark interest rate (the 7-day Reverse Repo Rate) at the monthly policy meeting in May (scheduled for 16-17 May 2018). Bank Indonesia Governor Agus … Continue reading →
Chances are big that Perry Warjiyo will become the next governor of Indonesia’s central bank (Bank Indonesia). On Wednesday (28/03) Warjiyo, the sole nominee of Indonesian President Joko Widodo to replace incumbent Bank Indonesia Governor Agus Martowardojo after the latter’s … Continue reading →
Consumers confidence in the domestic economy fell in June compared to May due to limited job opportunities, according to the results of a survey conducted by Bank Indonesia (BI). However, consumers perception index which currently stands at 122.4 points is … Continue reading →
The Indonesian central bank, Bank Indonesia (BI) recorded the countrys foreign exchange reserves (forex) in April 2017 at US$123.2 billion. According to BIs press release made available to ANTARA here on Monday, the amount of the April foreign exchange reserves … Continue reading →