#financial system

Collection of financial system news, found 492 news.

Indonesian economy continues to recover in 2018

Indonesia has one of the strongest economic fundamentals in the ASEAN region as shown by low debt, moderate inflation, ...

Bank Indonesia studies use of blockchain

Bank Indonesia (BI) is studying the use of blockchain, a system in which a record of transactions made in bitcoin or ...

Bank liquidity safe facing external risks

The country`s bank liquidity is safe and will remain safe despite external risks which might come with an increase in ...

Cryptos Fund, a quasi-ETF, is now open to investors

- Cryptos Fund allows investors to gain exposure to Cryptocurrencies with reduced risk in a regulated environment. ...

Bank Indonesia again maintains reference rate at 4.25 pct

Bank Indonesia again decided to maintain its reference rate at 4.25 percent on Thursday in view of economic stability ...

Bank Indonesia bans virtual currency as means of payment

Bank Indonesia (BI) has banned the use of virtual currency, including bitcoin, as a means of payment in the country. ...

Foreign exchange reserves reach US$130.2 B in December

The amount of Indonesia`s foreign exchange reserves at the end of December 2017 is recorded to have reached US$130.2 ...

Economic recovery predicted to continue in 2018

Indonesia`s economy is predicted to continue to recover in 2018, as indicated by the improvement of motor vehicle and ...

President highlights importance of field trips for students

President Joko Widodo (Jokowi) commemorated Youth Pledge Day by inviting youngsters, with achievements to their ...

Indonesia cooperates with WIPO to encourage economic innovation

The Indonesian government has cooperated with World Intellectual Property Organization (WIPO) to encourage the ...

Digital revolution increases economic growth: BI

The utilization of the digital revolution in the economic activities could boost the economy to grow by seven percent ...

Bank Indonesia reviews US fiscal policy

Bank Indonesia (BI) Governor Agus Martowardojo has continued to review a recent slowdown in the US fiscal policy and ...

Indonesia`s forex reserves down $1.86 billion: BI

Indonesias foreign exchange reserves fell US$1.86 billion to US$123.09 billion in late June 2017 from US$124.95 ...

BI estimates economic growth at 5.17 percent in 2017

Governor of the Indonesian Central Bank (BI) Agus Martowardojo has lowered the projection of economic growth for 2017 ...

Bank Indonesia revises down economic growth projection

Bank Indonesia Governor Agus Martowardojo said the central bank has revised down its target for the countrys economic ...