Tags Posts tagged with "Bank Indonesia"

Bank Indonesia

Indonesia stops energy projects worth $25 billion as rupiah hits 20-year low

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Indonesia plans to delay $25 billion worth of power projects as it seeks to rein in a widening current-account deficit and a selloff in...
Indonesian businesses asked to start hedging “beyond usual” as rupiah tumbles

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Indonesia’s central bank on April 25 urged businesses in the country to hedge their foreign exchange needs beyond minimum requirements, as policymakers seek to...
Indonesia rupiah hits 17-year low on slowing economy

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Indonesia's rupiah dropped to a 17-year low against the US dollar on June 4, pressured by slowing economic growth and high inflation in Southeast...
Indonesia’s trade surplus swelled in March

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Indonesia’s trade surplus swelled to $1.13 billion in March 2015 from $0.66 billion in the previous month, bolstered by a growing non-oil and gas...
Indonesia plans restrictions on foreign banks

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A new draft of Indonesia's banking bill has revealed that lawmakers will proceed with a plan to restrict the operation of foreign banks, setting...
Indonesia’s exports surged in December 2013

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Indonesia posted its third straight monthly trade surplus in December 2013 and its biggest in two years, the country's statistics bureau said on February...
Bitcoin finds market in Indonesia

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The digital currency Bitcoin meets rising interest in Indonesia as the country's official currency, the rupiah, has dropped sharply over the past months and...
Indonesia plans new risk standards for banks

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The Indonesian government plans to require banks to follow more extensive risk assessment standards and pay a levy, the Financial Services Authority said as...
Fitch affirms Indonesia’s rating

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Fitch has affirmed the sovereign credit rating of the Republic of Indonesia at BBB-/stable outlook. In a press release on November 15, the ratings agency ...
Indonesia sees slowest growth in 4 years

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Indonesia's economy in the third quarter grew 5.62 per cent from a the same period year earlier, its slowest pace in nearly four years,...
Indonesia seals $10b currency swap with South Korea

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Indonesia and South Korea on October 12 agreed to enter a bilateral, three-year currency swap deal worth up to $10 billion, which could help...
Indonesia’s foreign debt growth slowing

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Indonesia’s foreign debt growth dropped to 7.3 per cent in July 2013 from 8 per cent recorded in June 2013, Bank Indonesia said on...
Jakarta, Beijing eye $40b currency deal

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Indonesia will sign a currency swap deal with China in October for up to $40 billion, the Jakarta Post on September 20 quoted Trade...
Asia’s worst currency: The rupiah

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Indonesia's currency, the rupiah, has topped India's rupee in being the worst-performing currency in Asia since June, Japanese investment house Nomura said. The currency has...
Bank Indonesia raises interest rate to 7.25%

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In a bid to stop the slump of the country's currency, Indonesia's central bank on September 12 decided to raise the interbank interest rate...
Indonesia announces $173b budget for 2014

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The Indonesian government unveiled a $173 billion budget draft for 2014 on August 16 that is aimed at boosting a slowing economy before elections...
A closer look at Indonesia banks

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Indonesia is holding a great potential for banking investments. The Qatari financial industry is aware of that as some deals have been signed in...
Indonesia rupiah weakens above 10,000 to the dollar

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For the first time since 2009, the Indonesian currency crossed the 10,000 rupiah barrier to the US dollar on July 15 according to Bloomberg...