perry warjiyo

The Weakened Rupiah: Bank Indonesia’s Response to Global Financial Market Uncertainty

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The Weakened Rupiah: Bank Indonesia’s Response to Global Financial Market Uncertainty

Jakarta – Governor of Bank Indonesia (BI) Perry Warjiyo responded to the situation of the rupiah currency which has recently weakened against the US dollar. This is due to external pressure, especially in the US. “Increasing global financial market uncertainty causes the rupiah exchange rate in September 2023 (until September 20 2023) to point-to-point weakened … Read more

Indonesia’s Unique Approach to Monetary Regulation Ignored by IMF: Bank Indonesia Governor, Perry Warjiyo

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Indonesia’s Unique Approach to Monetary Regulation Ignored by IMF: Bank Indonesia Governor, Perry Warjiyo

Jakarta – Governor of Bank Indonesia (BI) Perry Warjiyo revealed that Indonesia has its own way of regulating the monetary sector. In fact, BI often carries out policies that are out of the ordinary. According to him, the International Monetary Fund (IMF) often reprimands and advises BI regarding its policies. However, they still did not … Read more