Indonesia’s Economy Stays On Track, BI Governor Says
Jakarta, 23 October 2023 – Bank Indonesia (BI) Governor Perry Warjiyo estimated that Indonesia’s economic growth will stay on track and resistant to international propagation. During the third quarter of 2023, the economic growth was supported by private consumption, including the youths. “In line with the increase…
Bank Indonesia to stay put till year-end, cut in Q2 2024
Jakarta, 20 October 2023 – Bank Indonesia (BI) will follow its regional peers and leave its interest rate unchanged on Oct. 19, staying on the sidelines for longer than previously expected, a Reuters poll found. With inflation at a 19-month low of 2.28% in September, firmly within…
BI Continues to Intervene in Markets as Foreigners Sell Indonesian Securities
Bank Indonesia (BI) has pumped Rp 87 trillion (US$6.2 billion) into the domestic bond markets so far this month as big sell-offs sent stock markets around the world into a tailspin amid fears over the global spread of the coronavirus. Bank Indonesia (BI) has pumped…