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bank of indonesia

Every story tagged bank of indonesia on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

Stories tagged bank of indonesia

5 stories in this topic

indonesia cash
Aiko TanakaFinance

Bank of Indonesia Hikes Key Interest Rate to Boost Fragile Rupiah

Indonesia’s central bank on Thursday (17/05) hiked its benchmark interest rate for the first time since November 2014, as expected, in a bid to bolster the fragile rupiah. Bank of Indonesia (BI) raised the 7-day reverse repurchase rate by 25 basis points to…

indonesia cash
Sarah ChenFinance

Bank of Indonesia Expects Rupiah to Strengthen

Bank Indonesia expects the rupiah to continue to strengthen and currency market volatility to subside as market price in expected US Federal Reserve’s interest rate hikes, a senior official said on Wednesday (14/03). “The fundamental level of an exchange rate…

fintech2
Minjun ParkFinance

Indonesia Central Bank to Prepare Fintech Regulatory Roadmap

Bank Indonesia is currently preparing a roadmap of regulations for financial technology, or fintech, products in an effort to support the rapid change of the global financial system in the digital era, the central bank’s official said on Thursday (08/02).…

indonesia cash
Rajiv MenonFinance

Bank of Indonesia Says Limited Room to Cut Interest Rates

Bank Indonesia Governor Agus Martowardojo emphasized on Wednesday (24/01) that there is limited room for lowering interest rates due to the United States Federal Reserve’s plan to increase its benchmark rate, and the need to keep inflation in check. “[Room]…

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