Jakarta, CNBC Indonesia – Bank Indonesia has decided to raise the BI 7-Day Reverse Repo (BI7DRR) rate by 50 basis points (bps) to 4.75%. This decision was made in the October 2022 edition of the BI Board of Governors meeting, Thursday (10/20/2022). The BI RDG was held over two days to determine the direction of … Read more
Jakarta, CNBC Indonesia – The compact Indonesian financial market closed lower this week. The Composite Stock Price Index (JCI) fell 3.02% and the rupee fell 1.15% against the US dollar (US). The weakening was triggered by concerns from market participants about the potential for a global recession as the US central bank (Federal Reserve / … Read more
Jakarta, CNBC Indonesia – Foreign funds increasingly flow out of the country (outflow) towards the end of 2022. Bank Indonesia (BI) noted that from the beginning of January to 6 October 2022, escaped foreign funds reached Rp 167.81 trillion in state (SBN) market. Meanwhile, the Indonesian stock market was still characterized by net purchases from … Read more
Jakarta, CNN Indonesia – Bank of Indonesia (BI) relaunch mold interest rate The BI 7-Day Reverse Repo Rate (BI7DRR) was 50 basis points (bps) at 4.25 percent Thursday (9/22). The central bank also raises interest rates storage area increased by 50 basis points to 3.5 percent and interest rates loan facility increased by 50 bps … Read more
TIME.CO, Jakarta – Bank Indonesia Governor Perry Warjiyo said the impact of rising fuel prices on commodity prices is increasingly felt. This condition is thought to result in inflation increased. “BI research shows impact second round it will last about 3 months, and so this month the chances of inflation have increased, “Perry said during … Read more
Jakarta, CNBC Indonesia – Bank Indonesia (BI) has decided to increase the BI 7 Days Reverse Repo benchmark rate by 50 basis points (bps) to 4.25%, with the deposit rate at 3.5% and the loan rate at 5% . The market consensus compiled by CNBC Indonesia predicts BI will raise the benchmark interest rate this … Read more
Jakarta, CNBC Indonesia – Bank Indonesia (BI) has decided to increase the BI 7 Days Reverse Repo benchmark rate by 50 basis points (bps) to 4.25%, with the deposit rate at 3.5% and the loan rate at 5% . This decision was made at the September 2022 BI Board of Governors meeting, Thursday (9/22/2022). The … Read more
TIME.CO, Jakarta – The latest economic and commercial news until Friday afternoon 16 September 2022 starting from many mototaxis online or ojol who complained that the applicator cut service fees by more than 15 percent or was suspected of violating Minister of Transport decision number KP 667 of 2022. So Bank Indonesia information shares bailout … Read more
Jakarta, CNBC Indonesia – Deficiency of offer of foreign forex or international forex in the nation can direct business people to look for overseas finance. As is perfectly recognized, national forex liquidity is beneath pressure. This is indicated by the advancement of overseas forex credit history which is increased than third social gathering money in … Read more
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KOMPA.com – Financial institution of Indonesia (BI) has formally pulled two Cash Rupee Unique problem year (URK TE) 1995, productive from 30 August 2022. The cash was issued especially to commemorate Indonesia’s 50 decades of independence. “Thus, as of the day indicated, the URK is no longer lawful tender in the territory of the United … Read more