Indonesia Central Bank Enters FX Market to Balance Supply and …
WEB2 days ago · Indonesia's central bank entered in the foreign exchange market on Thursday to balance supply and demand, an official said, after the currency fell around 0.8% against the U.S. dollar, its lowest level since Sept. 16. Edi Susianto, the head of Bank Indonesia's monetary management department, told Reuters the rupiah IDR= had weakened due to ...
Indonesia C.Bank Enters FX Market to Balance Supply and Demand …
WEB2 days ago · ILUSTRASI. Rupiah. ANTARA FOTO/Muhammad Adimaja/Spt. FOREX - JAKARTA. Indonesia's central bank entered in the foreign exchange market on Thursday to balance supply and demand, an official said, after the currency fell around 0.8% against the U.S. dollar, its lowest level since Sept. 16.
Indonesia Launches Central Counterparty Clearing House
WEB5 days ago · Indonesia launched on Monday a central counterparty clearing house (CCP) for foreign exchange and money market transactions as it aims to deepen the capital markets of Southeast Asia's largest economy. The CCP should help integrate Indonesia's currently fragmented and segmented money and …
Indonesia Central Bank Keeps Rates Steady, Focuses on Stabilizing …
WEBAug 21, 2024 · Indonesia's central bank on Wednesday held interest rates steady, as expected, preferring to focus on stabilizing the rupiah before possibly easing rates later this year. Bank Indonesia (BI) kept the benchmark 7-day reverse repurchase rate at 6.25%, where it has been since April, as expected by all 30 economists polled by Reuters.
Indonesia's December Inflation Eases More Than Expected
WEBJan 2, 2024 · The central bank's inflation target for 2023 was 2% to 4%, while its 2024 target is 1.5% to 3.5%. The core inflation rate, which strips out government-controlled prices and volatile food prices, also eased more than expected in December to 1.80%, the lowest level since December 2021, and compared with 1.85% predicted in the poll.
Indonesia's Trade Surplus Beat Forecast in August
WEBSep 17, 2024 · TRADE BALANCE - JAKARTA. Indonesia booked a bigger-than-expected trade surplus in August as exports and imports beat forecasts, official data showed on Tuesday. The country reported a surplus of US$ 2.89 billion last month, compared with US$ 1.96 billion expected in a Reuters poll.
Indonesia Q1 GDP Growth Beats Expectation at 5.03% Year on Year
WEBMay 5, 2023 · Gross domestic product (GDP) expanded 5.03% in the first three months from a year earlier, quicker than the median forecast of 4.95% in a Reuters poll and slightly above the 5.01% growth in the fourth quarter. Indonesia's post-pandemic recovery has been helped by a commodities-led export boom, though analysts expect …
Indonesia Increases Investment by IDR1.9 Trillion to Three ...
WEBJan 9, 2024 · Through PMK 161/2023, Sri Mulyani stated that the investment increase in these three IFIs comes from the 2024 State Budget. This policy was also issued to implement the provisions of Article 32 paragraph (3) of Law Number 19 of 2023 concerning the 2024 Fiscal Year State Budget.
Indonesia Launches Golden Visa to Lure Foreign Investors, Boost …
WEBJul 25, 2024 · ANTARA FOTO/Erlangga Bregas Prakoso/rwa. VISA - JAKARTA. Indonesia launched a long-term visa scheme on Thursday intended to attract foreign investors, President Joko Widodo said, with amounts of up to $10 million giving them a 10-year visa and access to Southeast Asia's largest economy. The five-year "Golden Visa" requires individual investors ...
Indonesia's Central Bank Delivers Surprise Rate Cut
WEBSep 18, 2024 · BI RATE - JAKARTA. Indonesia's central bank delivered its first rate cut in more than three years on Wednesday, opting to move hours ahead of the widely expected start of the U.S. Federal Reserve's easing cycle in a bid to bolster growth in Southeast Asia's largest economy. Bank Indonesia (BI) unexpectedly trimmed …