How to Trade Forex for Beginners in 2022
It is no secret that Forex trading can be a profitable activity for anyone who wishes. For those looking to get into trading processes, knowing how to trade Forex for beginners is essential.
11 July 2025 (closed)
Jakarta Composite Index (7,047.44) +42.07 +0.60%
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Our Financial Columns offer analyses of subjects related to the Indonesian financial markets. Together, these columns - that also have high news value in the current state of the Indonesian economy - intend to provide a clear and detailed picture regarding the structure and performance of these markets.
It is no secret that Forex trading can be a profitable activity for anyone who wishes. For those looking to get into trading processes, knowing how to trade Forex for beginners is essential.
Indonesia’s central bank (Bank Indonesia) – finally – decided to raise its benchmark interest rate by 25 basis points to 3.75 percent after concluding its two-day policy meeting on 23 August 2022, thereby joining the global wave of rate hikes as central banks need to combat accelerated inflation, while –especially in emerging markets – higher rates also function to prevent too much capital outflows as US assets become more attractive amid aggressive US Federal Reserve tightening.
Again, the central bank of Indonesia (Bank Indonesia) kept its benchmark interest rate (called the ‘BI Seven-Day Reverse Repo Rate’) at 3.50 percent after concluding its latest monetary policy meeting (on 20-21 July 2022).
The micro, small, and medium enterprises (MSMEs) of Indonesia are an interesting phenomenon. Why? Well, let’s take a look at three remarkable statistics: