#financial system stability

Collection of financial system stability news, found 205 news.

BI 7-Day Reverse Repo Rate held at four percent

Bank Indonesia (BI) Board of Governors agreed, Sept 16-17, to hold the BI 7-Day Reverse Repo Rate at four percent while ...

People's safety is highest principle of state governance: DPR speaker

House of Representatives (DPR) Speaker Puan Maharani laid emphasis on the fact that the people's safety is the ...

Indonesia's forex reserves soar to US$131.7 billion in June-end

Bank Indonesia recorded Indonesia's foreign exchange reserves to reach US$131.7 billion at the end of June 2020, an ...

Domestic banking industry remains robust: Perbanas

The domestic banking industry has fared relatively well and has remained strong in the midst of the pandemic, as ...

COVID-19 handling costs total Rp677.2 trillion: Minister Indrawati

Total costs incurred by the government to tackle the COVID-19 pandemic in Indonesia reached Rp677.2 trillion, according ...

Indonesia's forex reserves surge to US$127.9 billion in April 2020

Indonesia's foreign exchange reserves swelled to US$127.9 billion at April-end of 2020, from US$121 billion a month ...

House of Representatives backs government regulation on COVID-19

The House of Representatives' Budget Committee has voiced its support for the Government Regulation in Lieu of the ...

Labor-intensive program to help maintain rural economic growth

Expansion of the labor-intensive program is projected to compensate for the impact of economic slowdown in rural areas ...

Indonesia's economy estimated to grow at 4.5-5.5 percent in 2021

The government has projected Indonesia’s economy in 2021 to grow in the range of 4.5 to 5.5 percent, with ...

Indonesia's foreign exchange reserves in March plunge US$9.4 billion

Indonesia's official reserve assets stood at US$121 billion, as of March-end 2020, $9.4 billion lower, from the ...

BI supports the issuance of Perppu No.1 of 2020

Bank Indonesia (BI) supports the issuance of Government Regulation in Lieu of Law (Perppu) No.1 of 2020 as a relaxation ...

COVID-19 fallout: Indonesia increases budget spending by $24.8 billion

Indonesia has decided to increase the state budgetary spending for 2020 by Rp405.1 trillion (US$24.8 billion) to deal ...

BI lowers economic growth projection for 2020 to 4.2-4.6 percent

Indonesia’s central bank trimmed its economic growth forecast for 2020 to 4.2-4.6 percent, from the earlier ...

Indonesia's foreign exchange reserves at US$130.4 billion in February

Indonesia's foreign exchange reserves at the end of February 2020 were recorded at US$130.4 billion, or stayed high ...

BI pushes loan growth down to 9-11%

Bank Indonesia (BI) has revised loan growth in 2020 from 10 to 12 percent to 9 to 11 percent, stating that this is a ...