#financial system

Collection of financial system news, found 50 news.

BI projects better prospects of economic recovery in 2022

Governor of Bank Indonesia (BI) Perry Warjiyo forecasts better prospects of economic recovery in 2022 as compared to ...

BI studies two ways to disseminate digital rupiah

Bank Indonesia (BI) is currently studying two approaches for the dissemination of digital rupiah in preparing for the ...

Govt offering fiscal support to attract investment in oil, gas sector

The government is providing financial support that is flexible and competitive to guarantee oil and gas investors in ...

Fitch affirms Indonesia's credit rating with stable outlook

Credit rating agency Fitch affirmed Indonesia’s sovereign credit rating at BBB (investment grade) with a stable ...

Ulemas hope central government extends special autonomy fund for Aceh

Aceh Ulema Consultative Assembly’s Deputy Chair Tgk H. Faisal Ali is optimistic of the central government ...

BI to maintain benchmark interest rate at 3.5 percent: Governor

Bank Indonesia (BI) decided to maintain the benchmark interest rate, or the BI 7-Day Reverse Repo Rate (BI7DRR), at 3.5 ...

Optimize sharia economy as new engine of national economy: Amin

Vice President Ma’ruf Amin has encouraged optimum development of the sharia economic and financial system to be ...

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 ...

Indonesia`s forex reserves up to US$120.7 billion in December 2018

Indonesia`s foreign exchange reserves rose to US$120.7 billion at the end of December 2018 from US$117.2 billion a ...

Rise in benchmark interest rate to drag down growth: Economist

Bank Indonesia raising its benchmark interest rate, which is expected to continue to be aggressive, is predicted to ...

Indonesia`s official reserve assets record USD117.2 billion in November

Indonesia`s official reserve assets at the end of November 2018 were recorded at USD117.2 billion, higher than ...

Forex reserves up $2 billion to $117 billion in november

Bank Indonesia (BI) announced that the country`s foreign exchange reserves rose US$2 billion to $117.2 billion at the ...

Indonesia calls for strengthening of multilateralism at G20 Summit

Indonesia has called for the strengthening of multilateralism at the G20 Summit in Buenos Aires, Argentina, from ...