#financial system

Collection of financial system news, found 490 news.

Banking transactions increased during May 22 rally

The demonstrations protesting the General Election on May 22, 2019, which became violent, did not significantly ...

Indonesia's first-quarter current account deficit in 2019 shrinks: BI

Indonesia's current account deficit narrowed to US$7 billion in the first quarter (Q1) of 2019, thereby making its ...

Indonesia's forex reserves decline by US$200 million in April

Indonesia's foreign exchange reserves declined by US$200 million at the end of April 2019 to US$124,3 billion from ...

Indonesia's forex reserves stable at US$124.3 billion in April 2019

The central bank recorded a relatively stable level of Indonesia's foreign exchange reserves at US$124.3 billion at ...

BI initiates transformation strategy and international standards

Acting as Chairman of the Executive Committee, Governor of Bank Indonesia (the central bank) Perry Warjiyo initiated ...

Indonesia,Thailand enjoy increased trade under LCS framework

Indonesia's direct bilateral trade with Thailand, under the local currency settlement framework, reached Rp121 ...

Indonesia`s reserve assets stand at US$120.1 billion at Jan-end: BI

Indonesia`s official reserve assets at the end of January 2019 were quite high, at US$120.1 billion. "The ...

Bank Indonesia holds 7-Day Reverse Repo Rate at 6 percent

Bank Indonesia (BI) Board of Governors has agreed to hold the BI 7-Day Reverse Repo Rate at 6 percent, while also ...

Indonesia prepares instruments with attractive "returns" to hold repatriation funds

Bank Indonesia, the Ministry of Finance, and Financial Services Authority (OJK) are preparing financial instruments ...

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 ...

News focus - Indonesia`s economy improves amid economic turbulence By Azis Kurmala

Global economic growth is flat and uneven, accompanied by widespread uncertainty blighting the global financial ...