Jakarta – Bank Indonesia, the country's central bank, has eased off the accelerator with a decision to raise its benchmark interest rate by only 25 basis points to 5.50 percent on Thurs

Jakarta – Following the success of the burden-sharing agreement between Bank Indonesia (BI) and the Finance Ministry in financing the fiscal deficit over the past three years to prevent

Jakarta – Indonesia's fiscal deficit as of Dec.

Bisnis, Jakarta – The rupiah was corrected further down against the US dollar in Thursday's trade, December 15, 2022.

Jakarta – Indonesia's parliament on Thursday voted to approve financial legislation that widens the central bank's mandate to include supporting sustainable economic growth and formaliz

Whisnu Bagus Prasetya, Jakarta – Indonesia's external debt stood at $390.2 billion as of October, down slightly by 7.6 percent from the same month last year, Bank Indonesia reported on

Grace Sihombing and Claire Jiao – Indonesia's parliament passed a law tasking the central bank to directly finance the budget in times of crisis, just as it had been doing since the pan

Stefanno Sulaiman, Jakarta – Indonesia's parliament is expected to pass a bill this week that will allow former politicians to head Bank Indonesia (BI), the central bank, and expand its

Grace Sihombing and Claire Jiao – Indonesia is one step closer to requiring the central bank to come to the government's aid through crisis bond-buying, while dropping earlier proposals

Stefanno Sulaiman, Jakarta – The House of Representatives and government have agreed on a clause in a new financial bill to allow former politicians to stand as central bank governor, t

Stefanno Sulaiman and Gayatri Suroyo, Jakarta – Bank Indonesia (BI) Governor Perry Warjiyo emphasized on Wednesday the need to adjust interest rates early to control inflation, which is

Deni Ghifari, Jakarta – The latest study found that the majority of Indonesians use electronic wallet (e-wallet) more often than cash, with GoPay currently leading the sector, followed

Investor Daily, Jakarta – The government debt stood at Rp 7,496 trillion ($477 billion) as of October 31, an increase of Rp 76.23 trillion from the figures a month earlier, according to

Vincent Fabian Thomas, Jakarta – Bank Indonesia (BI) has decided to raise its benchmark rate by another 50 basis points (bps) in a move to bring down domestic inflation and to safeguard

Jakarta – Indonesia's central bank raised its key interest rate by 50 basis points for a third consecutive month on Thursday, saying it will strengthen its response to "high" inflation

Vincent Fabian Thomas, Jakarta – Indonesian mutual funds are down some 10 percent this year, as global rate hikes and new domestic regulations push money elsewhere.

Jakarta – Indonesia Stock Exchange, or IDX, the country's sole securities bourse, has been working toward developing a carbon exchange system to support the government's initiative to e

Jakarta – It is safe to say the government has made better decisions that have kept the country's economy afloat amid a war and global inflation this year.

Triyan Pangastuti, Jakarta – Bank Indonesia on Thursday decided to raise the benchmark interest rate by 50 points to 4.75 percent in a "preemptive measure" to tame inflation.

Vincent Fabian Thomas, Jakarta - – An omnibus bill finalized by the House of Representatives last month looks to bring sweeping changes to some 15 laws on the financial sector.

Bisnis, Jakarta – The rupiah starts off this week still with a depreciation against the US dollar.

Arrijal Rachman, Jakarta – Bank Indonesia or BI announced that Indonesia's external debt had declined again in August 2022.

Tenggara Strategics, Jakarta – The House of Representatives concluded a plenary meeting on Sept.

Jakarta – The Bank Indonesia (BI) Board of Governors decided at its monthly meeting last week to raise its policy rate (7-Day Reverse Repo Rate or 7-DRRR) by 50 basis points to 4.25 per

Arrijal Rachman, Jakarta – Indonesia's debt at the end of August this year has reached a total of Rp7,236.61 trillion, which is a 1.01 percent increase compared to July by logging Rp7,1

Prisma Ardianto, Jakarta – Indonesia's peer-to-peer lending industry is set to expand its loan disbursement by 70 percent to $16.6 billion this year, thanks to the high demand from the

Grace Sihombing and Claire Jiao – Indonesia's central bank delivered a bigger-than-expected interest rate hike to cool inflation that it now expects to surpass 6% this year amid a weake

Anant Chandak, Bengaluru – Bank Indonesia will follow a surprise August interest rate rise with another 25 basis point hike at its meeting on Thursday, still moving more slowly than mos

Jakarta – Bank Indonesia or BI recorded the country's foreign debt position at US$400.4 billion, or around Rp5,964 trillion, at the end of July 2022.

Arrijal Rachman, Jakarta – Bank Mandiri team of economists estimates that the growth of bank lending in Indonesia in 2022 will not reach double digits, which is mainly due to the impact

Jakarta – The foreign exchange reserves have remained unchanged at $132.2 billion at the end of August from a month earlier, thanks to tax and oil and gas revenues, Bank Indonesia, the

Jakarta (Bisnis.com) – The Indonesian rupiah opened today's trade, September 6, with a gain on the US dollar.

Fajar Pebrianto, Jakarta – President Joko "Jokowi" Widodo has officially launched the Domestic Government Credit Card (KKP) and International QRIS (quick response Indonesia standard) pa

Jakarta – Bank Indonesia, the country's central bank, has decided to raise the benchmark interest rate by 25 basis points to 3.75 percent on Tuesday in a preemptive move to mitigate ris

Claire Jiao and Grace Sihombing – Indonesia's central bank unexpectedly raised borrowing costs for the first time since 2018 as policy makers conceded that inflation pressures have rise

Hendartyo Hanggi, Jakarta – Indonesia's foreign debt by the end of the second quarter (Q2) amounted to 403 US dollars, which is a reduction compared to the previous quarter which logged

Timor-Leste's Petroleum Fund (PF) was worth US$17.84 billion at the end of June, down from US$19.12 billion at the end of March, the central bank has announced.

Jakarta – Indonesia has launched a crackdown on peer-to-peer (P2P) lenders through a new regulation and capital requirements, in a move that industry sources say should help clean up a

Anwar Siswadi (Contributor), Jakarta – Research firm Populix has released its latest survey on consumers' preference for banking and e-wallet apps which found that 64 respondents own ba

Jakarta – The United States Federal Reserve's rate increase of 75 basis points on June 15 and its indication of another three-quarter-point hike in July still did not cause Bank Indones

Gayatri Suroyo and Stefanno Sulaiman, Jakarta – Indonesia's central bank left interest rates at a record low on Thursday, saying it was monitoring risks from rising inflation while down

Jakarta – Indonesia has raised $3.25 billion by selling U.S.

Jakarta (Reuters) – Indonesia's central bank announced on Tuesday more aggressive hikes in the reserve requirement ratio (RRR) for banks, expecting inflation to rise slightly above its

Claire Jiao – Indonesia's wealth fund may not reach its $200 billion goal in the time frame set out by the country's president, as it aims to ensure sufficient returns for the state bef

Bisnis, Jakarta – Former Indonesian vice president Jusuf Kalla on Sunday, April 17, revealed the challenge faced by any presidential candidate for the 2024 presidential election.

Triyan Pangastuti, Jakarta – Bank Indonesia, or BI, the country's central bank, has signaled to keep its benchmark interest rate steady at 3.5 percent, saying the fundamental domestic i

Dion Bisara, Jakarta – Crypto assets ownership in Indonesia was among the highest globally as many investors in the country look at digital assets as a protection against future inflati

Antara, Jakarta – Bank Indonesia (BI) reported a positive growth of economic liquidity or money supply in a broad sense (M2) in January 2022.

Mutia Yuantisya, Jakarta – Bank Indonesia (BI) and The Reserve Bank of Australia have agreed to renew the Bilateral Local Currency Swap Arrangement or BCSA.

Jakarta – Indonesia's central bank will review policy rate levels in the third quarter to head off any spike in inflation next year, Governor Perry Warjiyo said on Thursday, after it de