No Urgency BI Rate Increased

Monday, March 1st, 2010

istanakunang Jakarta - February 2010 inflation lower than the previous month, assessed under control. There is no urgency for the BI to raise the BI rate. Therefore, current levels conducive to the rupiah and growth. Eric Alexander Sugandi, Standard Chartered Bank economist has estimated inflation in February 2010 (month on month) will ...

BI : Foreign exchange reserves to reach US$66 billion

Thursday, December 3rd, 2009

Acting governor of Bank Indonesia Darmin Nasution said he believed the country`s foreign exchange reserves could reach US$66 billion by the end of this year. "We believe they could reach US$66 billion and so we would be able to finance 6.5 months of imports as well as repay debt installments and ...

Rupiah weakens against US dollar on Dubai crisis

Tuesday, December 1st, 2009

The rupiah weakened against the US dollar in the Jakarta interbank spot market here on Tuesday morning on the Dubai financial crisis. The Indonesian currency traded Rp9,475-Rp9,485 per US dollar, down 25 points from Rp9,450-Rp9,465 per US dollar at the market`s close a day earlier. Investors were rather cautious in putting their ...

Rupiah Weakens to Rp 9.600 against USD

Friday, November 20th, 2009

The rupiah's value toward the USD at the spot market, Friday morning, weakens by 18 points, approaching Rp. 9,600 / 1 USD due to the continuous profit-taking after the sharp strengthening. The trade value of rupiah against the USD has lowered to Rp. 9,578-Rp.9,595 per USD compared to the closing the ...

Hatta`s main job political rather than economic : Observer

Thursday, October 22nd, 2009

An economist from Standard Chartered Bank, Fauzi Ichsan, said he believed the main task of Hatta Radjasa as coordinating minister for the economy in Yudhoyono`s new cabinet would be that of securing political support for the government`s economic policies. "Hatta Radjasa is a politician. In the post-reform era the economic team ...

BI maintains rate at 6.50 percent

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 ...

Rupiah is Still Ok

Tuesday, May 5th, 2009

Although the opportunity to fall in a red zone, the combined stock price index to the first session on Tuesday (5 / 5) afternoon successfully return to green zone. JCI closed rose 0.39 percent or 7046 points at 1795.193. In fact, in early trading the index had bounced pierce 1800 levels, ...

Rupiah against the U.S. dollar

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.

2008, BI hit Rp 17.3 Trillion

Monday, February 9th, 2009

JAKARTA, Monday - Crisis blessings. Weakening rupiah against the U.S. dollar and financial market uncertainty in the country reap the blessings of Bank Indonesia. Despite wrinkled brow must maintain financial stability, BI close year 2008 with wide smile. "Balance central bank's financial year 2008 Rp 17.3 trillion surplus. However, this report ...

Bank In Indonesia

Saturday, December 27th, 2008

Bank Sentral (The central bank of Indonesia) Bank Indonesia Conventional banks Bank Persero (State Own Banks (full list)) PT Bank Ekspor Indonesia (PERSERO) PT Bank Negara Indonesia (PERSERO) Tbk PT Bank Rakyat Indonesia (PERSERO) Tbk PT Bank Tabungan Negara (PERSERO) PT Bank Mandiri (PERSERO) Tbk