The central bank of Indonesia (Bank Indonesia) said it will revise its outlook for Indonesia’s economic growth in full-year 2017 after the Q3-2017 GDP growth figure – released at the start of the week – was well below expectations. Previously, … Continue reading →
It was decided at the Board of Governors’ Meeting, convened on 14th August 2014, to hold the BI rate at a level of 7.50%, with the lending facility and deposit facility rates maintained at 7.50% and 5.75% respectively. Such policy … Continue reading →
The Central Bank of Indonesia announced the country’s official reserve asset position as of end-July 2014 reached US$110.5 billion, up from the end of June 2014 level amounted to US$107.7 billion. Their press release published at August 08′ 2014, … Continue reading →