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Banking & Finance

March 23, 2020

News ›› Indonesia ›› Banking & Finance
Jakarta Post - March 23, 2020

Riska Rahman, Jakarta – The Jakarta Composite Index (JCI) hit yet another circuit breaker on Monday afternoon, with trading temporarily halted for the fifth time this month and prices

News ›› Indonesia ›› Banking & Finance
Jakarta Post - March 23, 2020

Adrian Wail Akhlas, Jakarta – The World Bank has approved the disbursement of a US$300 million loan to support the development of Indonesia's financial market by expanding its outreach

March 21, 2020

News ›› Indonesia ›› Banking & Finance
Jakarta Post - March 21, 2020

Adrian Wail Akhlas and Made Anthony Iswara, Jakarta – The rupiah breached Rp 16,000 against the US dollar on Friday, the weakest since the 1998 crisis, taking its toll on central bank

March 20, 2020

News ›› Indonesia ›› Banking & Finance
Jakarta Globe - March 20, 2020

Diana Mariska, Jakarta – The Financial Services Authority, OJK, has advised banks and financing companies against using debt collectors during the Covid-19 pandemic as the authority re

News ›› Indonesia ›› Banking & Finance
Jakarta Post - March 20, 2020

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) has bought about Rp 163 trillion (US$10.1 billion) worth of government bonds to stabilize the country's financial market amid foreign

March 19, 2020

News ›› Indonesia ›› Banking & Finance
Jakarta Post - March 19, 2020

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) cut on Thursday the nation's policy rate to prop up the economy, which is likely to grow at the lowest rate in 15 years, battered by a

March 18, 2020

News ›› Indonesia ›› Banking & Finance
Bloomberg - March 18, 2020

Jakarta – Indonesia's currency has been in a freefall, even defying the central bank's intense market intervention.

March 17, 2020

News ›› Indonesia ›› Banking & Finance
Jakarta Post - March 17, 2020

Adrian Wail Akhlas, Jakarta – Indonesian stocks hit circuit breakers for the third time in the past week on Tuesday, touching levels unseen since 2015 as the rupiah surpassed the psych

March 16, 2020

News ›› Indonesia ›› Banking & Finance
Jakarta Post - March 16, 2020

Adrian Wail Akhlas, Jakarta – Indonesia's foreign debt rose in January due to an increase in the government's net borrowing, mainly through the issuance of government debt papers (SBNs

March 13, 2020

News ›› Indonesia ›› Banking & Finance
Jakarta Post - March 13, 2020

Adrian Wail Akhlas and Riska Rahman, Jakarta – Stocks traded on the Indonesia Stock Exchange (IDX) hit circuit breaker upon opening on Friday, plunging 5 percent to 2016 levels as glob

March 12, 2020

News ›› Indonesia ›› Banking & Finance
Jakarta Post - March 12, 2020

Adrian Wail Akhlas, Jakarta – Indonesia's stocks dropped sharply at Thursday's opening as anxious investors left markets across the world, poised for another day of tumultuous trading

News ›› Indonesia ›› Banking & Finance
Jakarta Post - March 12, 2020

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) has vowed to maintain the country's financial market stability amid expectations that economic growth will slow due to the COVID-19 sp

March 11, 2020

News ›› Indonesia ›› Banking & Finance
Bloomberg News - March 11, 2020

Tassia Sipahutar and Fathiya Dahrul – Indonesia is reintroducing a raft of market measures deployed during the global financial crisis as authorities warn the impact of the novel coron

March 10, 2020

News ›› Indonesia ›› Banking & Finance
Jakarta Post - March 10, 2020

Jakarta – The Indonesia Stock Exchange (IDX) has issued a new regulation that allows stocks, at all price ranges, to fall by a maximum of 10 percent in an effort to anchor the Jakarta

March 6, 2020

News ›› Indonesia ›› Banking & Finance
Jakarta Post - March 6, 2020

Adrian Wail Akhlas, Jakarta – Indonesia's foreign exchange (forex) reserves fell to US$130.4 billion in February after the government paid its foreign debts, Bank Indonesia (BI) announ

March 4, 2020

News ›› Indonesia ›› Banking & Finance
Jakarta Globe - March 4, 2020

Beritasatu, Jakarta – Close to $7.3 billion in foreign investors' funds remain parked in rupiah-denominated accounts following a sell-off in the bond and stock market last week, Bank I

March 3, 2020

News ›› Indonesia ›› Banking & Finance
Jakarta Post - March 3, 2020

Riska Rahman, Jakarta – Indonesian stocks jumped by more than 3 percent on Tuesday morning, reversing deep losses in recent days due to the spread of COVID-19, as market players regain

March 2, 2020

News ›› Indonesia ›› Banking & Finance
Jakarta Globe - March 2, 2020

Beritasatu, Jakarta – The Indonesia Stock Exchange, or IDX, stopped short selling at the local burse on Monday, seeking to stave off a further decline in the stock market caused by pan

News ›› Indonesia ›› Banking & Finance
Bloomberg News - March 2, 2020

Arys Aditya – Bank Indonesia lowered banks' reserve requirement ratios, seeking to shore up liquidity after concerns over the economic impact of coronavirus triggered a selloff in the

News ›› Indonesia ›› Banking & Finance
Jakarta Post - March 2, 2020

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) will "intensify intervention" to stabilize the local financial market by buying government bonds and the rupiah amid heavy selling pre

News ›› Indonesia ›› Banking & Finance
Jakarta Post - March 2, 2020

Adrian Wail Akhlas, Jakarta – Bank Indonesia (BI) announced Monday five measures to stabilize the rupiah as foreign investors sold off Indonesian financial assets from stocks to bonds

News ›› Indonesia ›› Banking & Finance
Jakarta Post - March 2, 2020

Riska Rahman and Esther Samboh, Jakarta – Indonesia's stock index extended losses before reversing to gains on Monday morning trade, after a market rout sent the gauge to its worst mon

February 28, 2020

News ›› Indonesia ›› Banking & Finance
Jakarta Post - February 28, 2020

Adrian Wail Akhlas, Jakarta – 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

News ›› Indonesia ›› Banking & Finance
Jakarta Post - February 28, 2020

Riska Rahman, Jakarta – Indonesia's benchmark stock index plunged deeper on Friday, trading down more than 4 percent during the morning session and prompting the bourse operator to cal

February 27, 2020

News ›› Indonesia ›› Banking & Finance
Jakarta Post - February 27, 2020

Riska Rahman and Prima Wirayani, Jakarta – The Jakarta Composite Index (JCI) nosedived to a level unseen since March 2017 on Thursday afternoon amid fears over the spread of COVID-19,