BI Raises Benchmark Rate to 3.75% Ahead Fuel Price Increase

... with this decision, Bank Indonesia (BI) set the Deposit Facility interest ... core inflation rate would exceed BI's target by the end ...

Forex Reserves Moves Up in June, but Further Rupiah Depreciation Expected

... months. At the same time, BI still holds its benchmark interest ...

Indonesia, Asean Peers Are Better Placed Against Stagflation: Morgan Stanley

... to go somewhat higher than BI's inflation target range of ... percent in 3Q22, we expect BI to respond by raising rates ... Stanley said. "We then see BI raising rates 75 bps again ... fiscal consolidation plans. If so, BI would likely want to respond ...

Core Inflation Dictates BI's Next Move

... or energy price pressures, BI will not respond to ... s interest rate hike. BI would first reduce liquidity ... rates, Perry said. "BI's monetary policy in dealing ... this year. Previously, BI estimated that this year' ... Ministry of Finance and BI. There is an increase ...

BI Targets Local Currency Settlements to Reach $2.78b in 2022

Jakarta. Bank Indonesia, the country's central bank, is optimistic that the value of trade and investment transactions settled in local currency will increase by 10 percent this year, adding a layer of cushion against future global shocks. Bank Indonesia ...

Indonesia-China Bilateral Transactions Now Use Rupiah, Yuan

... statement on Monday. According to BI, the LCS expansion will support ... was valued at $25 billion. BI and PBC have selected qualified ... agreed LCS framework, according to BI. Criteria for the ACCDs include ...

Banks Need to Step Up as BI Runs Out Options to Spur Recovery

... are out of the question. BI is instead focusing on banks ... the collapse in loan growth. BI may seek to encourage some ...

BI Bets on Record Low Rate, Zero Down Payment to Woo Consumers to Spend

Jakarta. Bank Indonesia, or BI, the country's central bank, ...

BI Will Continue Its Gov't Bond Buying Program Through 2021

... Perry Warjiyo said on Monday. "BI will continue to be present ...

Bank Indonesia Eyes 9% Loan Growth in 2021, Pledges to Keep Interest Low

... points last month. "Currently, the BI benchmark interest rate is 3 ...