bank of indonesia

Retail Asia19/07/2018

As Indonesia’s central bank drives up interest rates to defend a fragile currency, governor Perry Warjiyo is banking on a revival of the sluggish property sector to help maintain growth momentum in Southeast Asia’s biggest economy. Five years ago, luxury Indonesian apartment prices skyrocketed amid a commodities boom that saw some wealthy buyers pay cash […]

Retail Asia23/05/2018

Indonesia’s central bank on Thursday (17/05) hiked its benchmark interest rate for the first time since November 2014, as expected, in a bid to bolster the fragile rupiah. Bank of Indonesia (BI) raised the 7-day reverse repurchase rate by 25 basis points to 4.50 percent. In 2016 and 2017 combined, BI cut the key by […]

Retail Asia15/03/2018

Bank Indonesia expects the rupiah to continue to strengthen and currency market volatility to subside as market price in expected US Federal Reserve’s interest rate hikes, a senior official said on Wednesday (14/03). “The fundamental level of an exchange rate is not a fix level, but I can say that the current level is not […]

Retail Asia15/02/2018

Bank Indonesia is currently preparing a roadmap of regulations for financial technology, or fintech, products in an effort to support the rapid change of the global financial system in the digital era, the central bank’s official said on Thursday (08/02). “This is a response to the shift from physical to virtual as it presents risks […]

Retail Asia30/01/2018

Bank Indonesia Governor Agus Martowardojo emphasized on Wednesday (24/01) that there is limited room for lowering interest rates due to the United States Federal Reserve’s plan to increase its benchmark rate, and the need to keep inflation in check. “[Room] to adjust the seven-day reverse repo rate is probably very narrow under the current conditions,” Agus […]

Tag: bank of indonesia

Bid to Revive Property Market Highlights Bank of Indonesia’s Policy Dilemma

Bank of Indonesia Hikes Key Interest Rate to Boost Fragile Rupiah

Bank of Indonesia Expects Rupiah to Strengthen

Indonesia Central Bank to Prepare Fintech Regulatory Roadmap

Bank of Indonesia Says Limited Room to Cut Interest Rates