Tag Archives: bank indonesia

The Indonesian government is going on a streak to weather down external shocks affecting the country’s economic performance. After Bank Indonesia raised its seven-day repo rate by another 25 basis points to six percent on Thursday, the government announced on Friday that it had launched the 16th economic package aimed at relaxing regulations pertaining to investment. […]

The rupiah weakened slightly on Wednesday to Rp 14,863 per US dollar, from Rp 14, 835 on Monday, according to Bank Indonesia’s Jakarta Interbank Spot Dollar Rate (JISDOR). Samuel Sekuritas Indonesia economist Ahmad Mikail said the weakening trend might continue should the dollar index remain at 95. He said the dollar was still in a […]

Bank Indonesia (BI) Governor Perry Warjiyo expects foreign investment to enter Government Securities (SBN) and increase the supply of dollars so as to stabilise rupiah. “Therefore, with the auction (SBN), foreign investors then also start entering and it will do the stability of the exchange rate,” Perry said after a meeting in the Ministry of […]

Bank Indonesia (BI) predicts a relaxation loan to value (LTV) policy can contribute 0.04% to gross domestic product (GDP) until the end of the year. Meanwhile, the government is targeting for 2018 economic growth to reach 5.4%. “This LTV leeway can contribute as much as 0.04% to GDP,” said Assistant Governor Head of Makroprudential Policies […]