Indah Handayani, Jakarta – Bank Indonesia decided on Thursday to retain the benchmark interest rate at 5.75 percent in "continued efforts to stabilize the rupiah exchange rate" and curb

Jayanty Nada Shofa, Jakarta – The government expressed confidence on Tuesday that will meet the target for the debt relief program despite a slow start in the first half of the year.

Arnoldus Kristanus, Jakarta – Finance Minister Sri Mulyani said on Tuesday the government is decentralizing fiscal policies to promote social justice and improve government services for

Moh Khory Alfarizi, Jakarta – The Indonesian Finance Ministry's Directorate General of Financing and Risk Management's Director of Government Bonds, Deni Ridwan, on Wednesday, said owne

Investor Daily, Jakarta – Bank Indonesia reported the country's foreign exchange (forex) reserves dropped to $139.3 billion in May from April's $144.2 billion.

Ni Komang Erviani, Jakarta – The Bali administration has warned foreign tourists visiting the popular resort island against making cryptocurrency payments, with the governor, I Wayan Ko

Amelia Rahima Sari, Jakarta – The Finance Minister's special staffer for strategic communications, Yustinus Prastowo, stated that the government debt principal and interest rates differ

Andra Nasrie – Bank Syariah Indonesia (BSI), the largest Islamic bank in Indonesia, was reportedly hit by a ransomware attack that disrupted its services for several days.

Moh Khory Alfarizi, Jakarta – Head economist of Bank Permata, Josua Pardede, on Tuesday, said wealthy people with savings of over Rp5 billion as of March this year grew 9.63 percent.

Amelia Rahima Sari, Antara, Jakarta – The Center of Economic and Law Studies (Celios) expert on economy Bhima Yudhistira in a statement on Wednesday revealed the benefits and dis

Jakarta – Bank Indonesia (BI) reported recently that its foreign exchange reserves rose by more than US$5 billion from February to the end of March, reaching US$145.2 billion, a level s

Vincent Fabian Thomas, Jakarta – Indonesia has responded cautiously to the idea of creating an Asian Monetary Fund as a way to reduce the region's reliance on the United States dollar.

Jayanty Nada Shofa, Jakarta – Indonesia has witnessed a sixfold growth in its fintech scene with the number of fintech players growing from only 51 in 2011 to 334 in 2022, according to

Jayanty Nada Shofa, Jakarta – Islamic finance is on the rise in Indonesia, but the country must not miss this chance to pave the way for its dream of becoming the world's largest center

Jakarta – It took Bank Indonesia (BI) less than a week to follow up on the President's warning about Indonesia's dependence on foreign credit card networks.

Antara, Jakarta – The rupiah slumped at the Jakarta Interbank Spot Dollar Rate [JISDOR] this morning, March 27, with growing market concerns that the banking crisis still has the potent

Vincent Fabian Thomas, Jakarta – Bank Indonesia (BI) says it will introduce a domestic credit card system allowing for greater independence and lower fees, as transactions are settled l

Hanifah Dwijayanti, Jakarta – Financial Services Authority (OJK) assessed that the trend of illegal online lending is rising ahead of Eid al-Fitr.

Jakarta – Why change a winning macroeconomic management team?

Moh Khory Alfarizi, Jakarta – The Finance Ministry in the February edition of the State Budget report revealed that the government's foreign debt as of January 2023 reached Rp7,754.98 t

Filipe Pacheco and Fathiya Dahrul – PT Pertamina Geothermal Energy ended flat in its Jakarta trading debut after a 9.06 trillion rupiah ($596 million) initial public offering, Indonesia

Ankur Banerjee and Patturaja Murugaboopathy, Singapore – A sudden surge of foreign interest in Indonesian bonds may be reaching a peak, as investors see local interest rates holding ste

Jakarta (Agencies) – President Joko "Jokowi" Widodo has officially nominated Bank Indonesia governor Perry Warjiyo for a second five-year term in the post, a senior lawmaker at the Hous

Jakarta – Portfolio investment is on the rise in Indonesia and the country's capital market can help indicate the national economic growth, according to a recent forum.

Zsazya Senorita, Jakarta – Indonesia has more crypto users than the total number of individual investors at the Indonesia Stock Exchange or IDX, but the country is still lacking a safe

Aditya Hadi, Jakarta – Three of Indonesia's four largest banks have revealed modest goals for loan growth this year, despite surpassing their 2022 targets amid a difficult global enviro

Beritasatu, Jakarta – The Commodity Futures Trading Regulatory Agency, or Bappebti, is under the suspicion of maladministration in its process of building the country's crypto ecosystem

Fadhil Haidar Sulaeman, Jakarta – Investment banks are projecting a flurry of merger and acquisition (M&A) activity in Indonesia this year – some driven by sustainable growth prospe

Heru Andriyanto, Jakarta – Finance Minister Sri Mulyani Indrawati is rumored to get the nomination for Bank Indonesia governorship succeeding Perry Warjiyo, who is set to retire in Apri

Fadhil Haidar Sulaeman, Jakarta – Bank Indonesia (BI) has announced that a rate hike in January is adequate to meet its inflation target, which economists take to mean that the central

Jakarta – Indonesian exports, which generated about US$54.5 billion in trade surplus last year, up by 50 percent from 2021, are widely predicted to decline this year due to the weakenin

Billy Adison Aditijanto, Jakarta – An anticipated weakening of the United States dollar will make Indonesian markets more desirable for international investors, helping prop up the rupi

Matthew Burgess and Marcus Wong – Overseas investors have returned to Indonesia's bonds en masse, a shift which has helped spur gains in the rupiah.

Antara, Jakarta – The Rupiah exchange rate transacted between banks in Jakarta surged on Monday morning which is in line with market expectations for Indonesia's trade balance surplus i

Vincent Fabian Thomas, Jakarta – The Indonesian crypto market is unlikely to improve in 2023, with investors braced for another difficult year amid a new regulatory environment.

For The Next Week's Trade, Ibrahim Predicted The Rupiah Will Open Sideways And Close On The Lower End Between Rp15,610 And Rp15,670 Per Us Dollar., Jakarta – The Rupiah closed January 6

Jayanty Nada Shofa, Jakarta – The Financial Services Authority or OJK recently announced that the Indonesian capital market wrapped up 2022 on a high note, doing much better than other

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.

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

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

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