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Consumer Confidence Index of Indonesia Drops to 84.9 in January

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) reported the Consumer Confidence Index (CCI) on economic conditions dropped to 84.9 in January 2021 from a prior month a...

Indonesia’s Forex Reserves Rises to US$138B in January

JAKARTA (TheInsiderStories) - The position of Indonesia' foreign exchange (forex) reserves recorded US$138.0 billion in January 2021, an increase compared to the end of December 2020...

Indonesia’s Car Sales Drops 48.35% in 2020

JAKARTA (TheInsiderStories) - Indonesian car sales dropped by 48.35 percent during 2020 depressed by the COVID-19 pandemic, the Association of Indonesian Automotive Industries reported today. During...

Retail Sales and Consumer Confidence Index of Indonesia Improves

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) reported monthly' retail sales index (RSI) improved in November supported by most categories of goods. Its reflected in the November...

Bank Indonesia to Revises Export Permit Regulation

JAKARTA (TheInsiderStories) - Indonesian central bank overhauled the provisions on export proceeds and foreign exchange for imports as stipulated in Bank Indonesia Regulation (PBI) Number 22...

BI and Bank of Thailand Expands Local Currency Settlement

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) and Bank of Thailand (BoT) announced the expansion of Local Currency Settlement framework which includes expanding the 'underlying' to direct...

Banking Credit in Indonesia Contractions 1.39% in November

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) reported banking credit contracted 1.39 percent in November compared to the same period of 2019 due to the...

Indonesia’s BoP Surplus US$12.1B in Third Quarter of 2020

JAKARTA (TheInsiderStories) - Indonesia’ Balance of Payment (BoP) recorded surplus US$2.1 billion in the third quarter (3Q) of 2020 supported by the current account and the capital...

Morning Briefing: Waiting the Fed and BI Meeting

JAKARTA (TheInsiderStories) - Good Morning! Bank Indonesia and United States (US) Federal Open Meeting Committee has a meeting today and will decided their monetary policies. Some...

IMF Reminds Indonesia to Manage the Debt Prudently

JAKARTA (TheInsiderStories) - The International Monetary Fund (IMF) reminded Indonesia to manage the debt prudently to prevent the excessive external imbalances as a result...

Bank Indonesia Kept the Benchmark Rate in August

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) kept the seven days repo rate (Bi-7DRR) at 4 percent. to 4.00 percent, said the governor on Wednesday (08/18)....

Indonesia’s BoP Surplus US$9.2B in 2Q of 2020

JAKARTA (TheInsiderStories) - Bank Indonesia reported the balance of payments (BoP) of the country had a large surplus US$9.2 billion in the second quarter...

Indonesia’s Retail Sales Survey Still Contractions in June

JAKARTA (TheInsiderStories) - Still in a contraction phase, the retail sales survey started to improve in June, said Bank Indonesia on Tuesday. The central bank...

Bank Indonesia Bought State Bond US$5.66B from the Government

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) has bought the state bond with total amount Rp82.10 trillion (US$5.66 billon) through a private placement scheme on August 10,...

Indonesia’s FSA Revises Down Loan Growth to 4% in 2020

JAKARTA (TheInsiderStories) - The Financial Services Authority (FSA) revised down the loan growth to only 4 percent in this year, far from the initial...

Bank Indonesia: Retail Sales Contraction 16.9% in April

JAKARTA (TheInsiderStories) - Bank Indonesia reported the Retail Sales Survey dropped to a deeper contraction in April by 16.9 percent compared to last year. In...

BI Intervenes Money Market to Maintain Rupiah Volatility

JAKARTA (TheInsiderStories) - Bank Indonesia has intervened money market to prevent the weakening of Rupiah, said the official. On Friday (06/12), the local currency closed...

Indonesia’s Retail Sales Drops Sharply to -4.5% in March

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) reported retail sales index dropped sharply by -4.5 percent in March from previous month contracted 0.8 percent. The drop was the deepest...

BI has implements QE Policies US$25B In Four Months

JAKARTA (TheInsiderStories) - Indonesian central bank (BI) has  implemented quantitative easing (QE) with values Rp386 trillion (US $24.90 billion) during January to April 2020, said...

Bank Indonesia Purchases Sovereign Debt in Primary Market US$300M

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) made its first direct purchases of sovereign debt in primary market in this week as foreign investors fled,...

Weekly Briefing: OPEC+ Cuts Production, More Economic Data Out

JAKARTA (TheInsiderStories) - Good Morning! Oil cartel and allies led by Russia agreed to cut the output around 10 percent of global supply to support oil...

Indonesian Rupiah Stronger After Investors “Cheers” Measures by the Policymaker

JAKARTA (TheInsiderStories) - Indonesian Rupiah closed higher to against American Dollar to 15,800 at the end of this week, up 2.17 compared to prior day parked...

Indonesian President Orders the Regulators Guard the Financial Market

JAKARTA (TheInsiderStories) - President Joko Widodo ordered Bank Indonesia (BI), Financial Service Agency (FSA), and Indonesia Deposit Insurace (IDX) creates a policy coordination to strengthened the...

BI Injects US$3.2B in Local Bank Through Various Policies

JAKARTA (TheInsiderStories) - After President Joko Widodo announced two peoples were positively infected by the coronavirus, Bank Indonesia (BI) injects liquidity of US$3.2 billion to local...

Indonesia’s Monthly Inflation Stood at 0.28% in February

JAKARTA (TheInsiderStories) - Statistics Indonesia reported February' inflation stood at 0.28 percent on month to month (MoM) and for the calendar year was 0.66 percent...

Morning Briefing: BI, ECB Monetary Policy Out Today

JAKARTA (TheInsiderStories) - Good Morning! Indonesian central bank announces its latest monetary policy today, after hold its key rates in the last meeting. At the...

BI Relaxes Intermediation, LTV to Strengthening Banking Intermediary Function

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) decided to relaxes the macro-prudential intermediation and loan to value (LTV) ratios to strengthening banking intermediary function. The new policy...

Indonesia’s Financial Market Remains Stable

JAKARTA (TheInsiderStories) - Indonesian financial stability in the third quarter of 2019 remained under control, said the The Financial System Stability Committee (FSSC) on...

Indonesian Budget Deficit Widen to 2.2% in This Year

JAKARTA (TheInsiderStories) - Indonesia' finance minister Sri Mulyani Indrawati, stated that 2019 State budget deficit will be widen to 2.2 percent of gross domestic...

Weekly Briefing: Widodo – Amin Inaugurated, New Cabinet Announces

JAKARTA (TheInsiderStories) - Good Morning! After inaugurated yesterday, today President Joko Widodo and Vice President Ma'ruf Amin will introduce their new cabinet. Based on head...
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