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

... BI, the country's central bank, has cut its benchmark interest rate ... inflation and maintained exchange rate stability as well as ... Indonesia's annual inflation rate slowed down in January ... and maintaining rupiah exchange rate stability and financial system ...

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

... Perry Warjiyo said on Monday. "BI will continue to be present ... also cut its benchmark interest rate three times to 3.75 ... country reported an annual inflation rate of 1.68 percent inflation ... figure was the lowest inflation rate since the Central Statistics Agency ...

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

... demand. The rupiah exchange rate against the US dollar was ... month. "Currently, the BI benchmark interest rate is 3.75 percent ... stability of the rupiah exchange rate according to the fundamentals. ... With this low benchmark interest rate, banks should lower their ...

How Automakers Can Survive when Pandemic Puts Cars on Ignore List

... . Bank Indonesia's (BI) decision to cut interest rate to a four ... efforts as the lower benchmark rate will translate into lower car ... '' interest rates. The lower interest rate on borrowing should impact the ...

BI Lowers Interest Rate as Slack Gov't Spending Leads to Sharp Contraction in Q2

... , has cut its benchmark interest rate to 4 percent to prop ...

Bank Indonesia Cuts Interest Rate, Eyes More by Year End

... to cut its benchmark interest rate by 25 basis points to ... June 17-18 decided the rate cut to provide a much ... . "BI continues to see the possibility to [further] lower interest rate [by ... 1-percent growth. Improving Economy BI projected Indonesia's gross domestic ...

Foreign Investors' Return Boosts Indonesia's Exchange Reserves

... ," Onny Widjanarko, Bank Indonesia's (BI) executive director of communication, said ... in the statement. Onny said BI was confident the reserves are ... in the rupiah's exchange rate fell to 15.6 percent ...

Rupiah Set to Return to Pre-Pandemic Level: Bank Indonesia

... foreign capital inflow. Bank Indonesia (BI) Governor Perry Warjiyo said the ... the Jakarta interbank dollar spot rate compiled by Bank Indonesia. The ... the country's annual inflation rate would likely be at 2 ... The estimated month-to-month rate of 0.09 percent is ...

Central Bank Buys $1.6b in Gov't Bonds and Set to Buy More

... expanding deficit, Bank Indonesia (BI) Governor Perry Warjiyo said ... through non-competitive bidding. BI is allowed to buy ... agreement (repo). According to BI's data, Indonesian banks' ... reserve requirement (GWM). Interest Rate Steady as Foreign Inflows Return ...

Currency, Bond Markets Point to Return of Foreign Investors Confidence in Indonesia

... to Jakarta Interbank Spot Dollar Rate. The currency had gained 4 ... the US dollar. Bank Indonesia (BI) also noticed foreign inflow in ... to the market mechanisms. So, BI reduces its intervention, which is ...