Wednesday, January 27th, 2010
Fitch Ratings on Monday upgraded Indonesia’s long-term foreign and local currency ratings to BB+ from BB, one level below investment grade, citing the country’s resilience to the global financial crisis.
S&P’s rating is three levels below investment grade, while Moody’s is two levels below investment grade.
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Saturday, January 9th, 2010
The Board of Governors of BI (Bank Indonesia) at meeting here on Wednesday decided to maintain the BI Rate at the level of 6.5 percent.
The BI Rate at the 6.5 percent level was considered consistent with the 2010 inflation target achievement at 5 percent with plus minus of one percent, ...
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Saturday, January 9th, 2010
Bank Indonesia`s decision to maintain its key rate at 6.5 percent is merely aimed at serving short-term interests, Ryan Kiryanto of state-owned Bank Negara Indonesia (BNI), said on Wednesday.
There would be three reasons for the inflation rate to go up, he noted.
The first one would be the impact of a ...
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Thursday, November 12th, 2009
Bank Indonesia is assessing the impact of the global economic crisis could hit almost all sectors perkonomian, now began to subside.
BI Senior Deputy Governor Nasution Nasution said Indonesia's economy began to show improvement this year. This is evident from the preservation of inflation, a stable economic growth, strengthening the exchange ...
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Friday, September 4th, 2009
The BI Board of Governors in a meeting here on Thursday decided to maintain the BI Rate at the level of 6.50 percent,
The BI Board of Governors considered the monetary policy relaxation since December 2008 by cutting the BI rate by 300 basis points to 6.50 percent, was quite conducive ...
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Tuesday, May 5th, 2009
A BNI Chief Economist Tony Prasetiantono estimate, the rupiah against the U.S. dollar will continue strenght until next weekend.
According to him, strengthening the hold-up is not even close to impossible akan the psychological limit of Rp 10,000 per U.S. dollar.
Posted in Banking News | No Comments »
