Below is a list with tagged columns and company profiles.

Today's Headlines Bank Indonesia

  • Bank Indonesia Cuts Benchmark Interest Rate by 0.25% in July 2019

    Bank Indonesia Cuts Benchmark Interest Rate by 0.25% in July 2019

    At July's two-day monetary policy meeting (held on 17-18 July 2019), the central bank of Indonesia (Bank Indonesia) surprised us by deciding to cut the benchmark BI 7-day Reverse Repo Rate by 25 basis points (bps) to 5.75 percent. Meanwhile, the deposit facility and lending facility rates were lowered - also by 25 bps - to 5.00 percent and 6.50 percent, respectively.

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  • Monetary Policy Central Bank: Bank Indonesia's Decisions at the June Meeting

    Monetary Policy Central Bank: Bank Indonesia's Decisions at the June Meeting

    In line with expectations, the central bank of Indonesia (Bank Indonesia) decided to leave its benchmark interest rate – the BI 7-Day Reverse Repo Rate – unchanged at 6.00 percent, while also maintaining its deposit facility and lending facility rates at 5.25 percent and 6.75 percent, respectively, at the two-day monthly monetary policy meeting that was held on 19 and 20 June 2019.

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  • Monetary Policy: What Did Bank Indonesia Decide at Its June Policy Meeting?

    Monetary Policy: What Did Bank Indonesia Decide at Its June Policy Meeting?

    In line with expectations, the central bank of Indonesia (Bank Indonesia) decided to leave its benchmark interest rate – the BI 7-Day Reverse Repo Rate – unchanged at 6.00 percent, while also maintaining its deposit facility and lending facility rates at 5.25 percent and 6.75 percent, respectively, at the two-day monthly monetary policy meeting that was held on 19 and 20 June 2019.

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  • Foreign Exchange Reserves Indonesia Rise to US 123.3 Billion in February 2019

    Foreign Exchange Reserves Indonesia Rise to US 123.3 Billion in February 2019

    The central bank of Indonesia (Bank Indonesia) announced on Friday (08.03.2019) that the country's foreign exchange reserves grew USD $3.2 billion to reach the level of USD $123.3 billion at the end of February 2019 (the highest level since May 2018). Rising foreign exchange assets is a positive trend and gives Bank Indonesia more ammunition to combat volatility in the (still vulnerable) rupiah exchange rate.

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  • Bank Indonesia Raises Key Interest Rate to 6.00% in November 2018

    Bank Indonesia Raises Key Interest Rate to 6.00% in November 2018

    Although we predicted in our latest research report that Indonesia's central bank (Bank Indonesia) would raise its benchmark interest rate at the two-day monetary policy meeting on 14-15 November 2018, we were still taken by surprise after the decision was announced. After all, the rupiah had appreciated significantly in the days after the launch of our October research report.

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  • Monetary Policy: Bank Indonesia Raises Key Interest Rate to 5.75%

    Monetary Policy: Bank Indonesia Raises Key Interest Rate to 5.75%

    The central bank of Indonesia (Bank Indonesia) raised its benchmark interest rate (the seven-day reverse repo rate) by 25 basis points (bps) to 5.75 percent at the two-day policy meeting that was concluded on Thursday (26-27 September 2018). Also the deposit facility and lending facility rates were raised by 25 bps to 5.00 percent and 6.50 percent, respectively.

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  • Positive Response Indonesian Stocks & Rupiah to Fed's Rate Hike

    Positive Response Indonesian Stocks & Rupiah to Fed's Rate Hike

    In line with expectations, the US Federal Reserve decided to raise its benchmark interest rate by 25 basis points to the range of 2.00 - 2.25 percent at the September policy meeting that was concluded on Wednesday 26 September 2018. It is the Fed's eight rate hike since 2015 and the third one so far in 2018.

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Latest Columns Bank Indonesia

  • Bank Indonesia: Low & Stable Inflation Positive for the Economy

    Bank Indonesia: Low & Stable Inflation Positive for the Economy

    Bank Indonesia is content seeing Indonesia's inflation pace at a rather mild rate of 0.22 percent month-on-month (m/m) in July 2017. Dody Budi Waluyo, Executive Director of Economic and Monetary Policy at the central bank, said low and stable inflation is a positive asset for the economy as it supports the rupiah exchange rate as well as the investment climate and safeguards people's purchasing power.

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  • Redenomination of Indonesian Rupiah Draft Bill Prepared by BI

    Redenomination of Indonesian Rupiah Draft Bill Prepared by BI

    Bank Indonesia has prepared a draft bill on the redenomination of the Indonesian Rupiah (Draft Bill). The Draft Bill is aiming to improve the economic efficiency and to create smoother commercial transactions. The Draft Bill suggests to remove the final 3 digits of the current Rupiah. By removing the final three digits, the use of the Rupiah would be simplified, however the value of the Rupiah would remain the same.

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  • Bank Indonesia Leaves Key Rate Unchanged at June Policy Meeting

    Bank Indonesia Leaves Key Rate Unchanged at June Policy Meeting

    The central bank of Indonesia (Bank Indonesia) decided to leave its monetary policy unchanged at the two-day policy meeting in June 2017 that was concluded on Thursday (15/06). As widely expected it kept the benchmark 7-day reverse repurchase rate at 4.75 percent, as well as the deposit facility and lending facility at 4.00 percent and 5.50 percent, respectively. These existing levels are regarded to keep financial markets and the economy stable.

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  • Bank Indonesia Keeps Key Interest Rate at 4.75% in May 2017, Analysis

    Bank Indonesia Keeps Key Interest Rate at 4.75% in May 2017, Analysis

    The central bank of Indonesia (Bank Indonesia) maintained its benchmark interest rate - the 7-day reverse repurchase rate - at 4.75 percent at the policy meeting on 17-18 May 2017, a decision that is in line with analysts' forecasts. Bank Indonesia said the decision is consistent with its efforts to maintain macroeconomic and financial system stability "by driving the domestic economic recovery process", while continue to monitor external threats stemming from US policy directions and geopolitical conditions, specifically in the Korea Peninsula, as well as domestic threats stemming from inflationary pressures and ongoing consolidation in the banking and corporate sectors.

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  • Indonesia's Current Account Deficit Improves in Q1-2017

    Indonesia's Current Account Deficit Improves in Q1-2017

    Data from the central bank of Indonesia (Bank Indonesia) show Indonesia's current account deficit widened modestly to USD $2.4 billion (or 1.0 percent of Indonesia's gross domestic product, GDP) in the first quarter of 2017. This increase was driven by rising deficits in the oil & gas trade balance and primary income. In the last quarter of 2016 the current account deficit was at (an upward revised) 0.9 percent of GDP. Despite slight widening, Indonesia's current account balance is regarded as being in a healthy state, especially considering the major improvement compared to Q1-2016.

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  • Central Bank of Indonesia Leaves Interest Rates Unchanged in April

    Central Bank of Indonesia Leaves Interest Rates Unchanged in April

    The central bank of Indonesia (Bank Indonesia) kept its benchmark interest rate (seven-day reverse repo rate) at 4.75 percent at the April policy meeting (19-20 April 2017), while its deposit facility rate and lending facility rate stayed at 4.00 percent and 5.50 percent, respectively. Bank Indonesia considers the current interest rate environment appropriate to face global uncertainties as well as rising inflationary pressures at home.

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  • Bank Indonesia Keeps Key Interest Rate at 4.75% in March 2017

    Bank Indonesia Keeps Key Interest Rate at 4.75% in March 2017

    The central bank of Indonesia (Bank Indonesia) left its interest rate policy unchanged at the March 2017 policy meeting. This decision was in line with expectations especially after Bank Indonesia officials had stated that they see few room for monetary easing in the foreseeable future considering the US Federal Reserve is likely to raise its key rate several times this year (which could encourage capital outflows from Indonesia), while inflationary pressures in Indonesia are rising.

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  • Bank Indonesia May Not Cut Interest Rates Further for a Long Time

    Bank Indonesia May Not Cut Interest Rates Further for a Long Time

    Bank Indonesia, the central bank of Indonesia, decided to maintain its benchmark interest rate, the BI 7-day (Reverse) Repo Rate (BI-7 day RR Rate), at 4.75 percent at the February 2017 policy meeting as Indonesia's inflation rate is expected to rise amid growing domestic demand and administered price adjustments, while the central bank also tries to mitigate the impact of looming normalization of US interest rates (expected later this year). Meanwhile, Bank Indonesia kept its deposit facility and lending facility rates at 4.00 percent and 5.50 percent, respectively.

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  • Bank Indonesia: Balance of Payments Surplus at $4.5 billion in Q4-2016

    Bank Indonesia: Balance of Payments Surplus at $4.5 billion in Q4-2016

    Bank Indonesia, the central bank of Indonesia, announced on Friday (10/02) that Indonesia's balance of payments surplus reached USD $4.5 billion in the fourth quarter of 2016 as the capital and financial accounts' surplus managed to (more than) compensate for the USD $1.8 billion current account deficit (or 0.8 percent of the country's gross domestic product/GDP) in the same quarter. Regarding full-year 2016, Indonesia posted a USD $12.1 billion surplus in its balance of payments, while its current account deficit was equivalent to 1.8 percent of GDP.

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