US Dollar Strengthens to Break IDR 15,000: What Bank Indonesia Says

Jakarta – United States (US) Dollar back to strengthening. This morning, the US dollar broke the level of IDR 15,000. What does Bank Indonesia (BI) say? Head of Bank Indonesia’s Monetary Management Department, Edi Susianto, said that externally there were a number of sentiments. One of them is the issue of the US debt ceiling. … Read more

“Indonesian Financial System Shows Strong Defense Amid Fragile Global Markets: Bank Indonesia Report”

Jakarta – Bank Indonesia (BI) notes that the stability of the Indonesian financial system until March 2023 shows strong defense. This happened in the midst of a fragile United States (US) financial system where a number of banks went bankrupt. “Indonesia’s financial system is resilient in facing the impact of the closure of a number … Read more

Bank Indonesia Launches Government Credit Card for Central and Regional Agencies

Jakarta – Government Credit Card (KKP) has been launched by Bank Indonesia (BI). This special domestic credit card can be used by government agencies, both central and regional, to purchase goods and services. This Government Credit Card (KKP) product issued by BI will be supported by the National Payment Gateway (GPN) payment system. “We will … Read more

These 8 Scraped Coins Cost Up to Hundreds of Millions, There Are 25 Silver Fractions!

PALEMBANG, PALPRES.COM – People in Indonesia have recently been shocked by the news about ancient coins or coins, which are valued at up to hundreds of millions of rupiah. Ancient coins do have their own charm for collectors, who are even willing to spend a lot of money to own them. If you have 8 … Read more

4 Facts about the IDR 1,000 coin for palm oil valued at IDR 250 million, is it really made of gold?

JAKARTA, PALPRES.COM – Of course, people are wondering how coins with a nominal value of IDR 1,000 can sell for up to hundreds of millions of rupiah. Then if you have it, how can you sell it. Some of these questions must have crossed anyone’s mind. After the viral information regarding the sale price of … Read more

BI Expected to Stop Raising Interest Rates! Happy or Beware?

Jakarta, CNBC Indonesia – Market participants are starting to expect Bank Indonesia (BI) to loosen its aggressive monetary policy by holding its benchmark interest rate this month. BI will hold a Board of Governors Meeting (RDG) on Wednesday and Thursday (18-19 January 2023). Collected market consensus CNBC Indonesia divided between those projecting an increase in … Read more

RI’s Foreign Exchange Reserves Drop, Danger Signal?

Jakarta – Bank Indonesia (BI) reported a decline in foreign exchange reserves to US$ 132.2 billion in July 2022. The Head of the Communications Department of Bank Indonesia, Erwin Haryono, admitted that the position of Indonesia’s foreign exchange reserves at the end of July 2022 remained high although it decreased compared to the position at … Read more

Horror! RI’s Inflation Is Getting Higher, The Rupiah Is Battered

Jakarta, CNBC Indonesia – The Rupiah recorded a sharp decline against the United States (US) dollar on Friday (1/7/2022), getting closer to Rp. 15,000/US$. Thus the rupiah recorded a 4-day decline in a row. According to Refinitiv data, the rupiah opened trading with a slight weakening of 0.01% to Rp 14,910/US$. Had strengthened to Rp … Read more

News from Wall Street and BI Makes the JCI Happy, the JCI is Bright Again?

Jakarta, CNBC Indonesia – The Indonesian financial market is compact green in response to the decision of Bank Indonesia (BI) to maintain its benchmark interest rate. Both the stock market, currency, and compact bonds move positively. The Composite Stock Price Index (JCI) closed up 0.2% at 6,998.27 and was close to the psychological level of … Read more

Viral Video of Wrong Cut Money Sold up to 50 Times, This is BI’s Explanation Page all

KOMPAS.com – A video about poor money or a wrong cut is rewarded 25 to 50 times, viral on TikTok social media. As uploaded by account @lim16_ on Wednesday (11/5/2022), the video showed a note worth Rp. 10,000 which was called a miscut, because the cut did not match. “miscut money, maybe friends have money … Read more