Lupa Kata Sandi? Klik di Sini

atau Masuk melalui

Belum Memiliki Akun Daftar di Sini


atau Daftar melalui

Sudah Memiliki Akun Masuk di Sini

Konfirmasi Email

Kami telah mengirimkan link aktivasi melalui email ke rudihamdani@gmail.com.

Klik link aktivasi dan dapatkan akses membaca 2 artikel gratis non Laput di koran dan Majalah Tempo

Jika Anda tidak menerima email,
Kirimkan Lagi Sekarang

BI Implements Monetary Operations Strategy

Translator

Editor

28 October 2018 13:12 WIB

The logo of Indonesia's central bank Bank Indonesia

TEMPO.CO, JakartaBank Indonesia (BI) constantly implements a monetary operations strategy oriented towards maintaining adequate liquidity in the rupiah market and foreign exchange market.

BI will also effectively commence the Domestic Non-Deliverable Forwards (DNDF) on Nov 1, 2018, BI Executive Director for Communications Agusman said in a statement received here on Saturday.

BI is always strengthening policy in coordination with the government and other relevant authorities in order to maintain economic stability and reinforce external resilience, including stimulating exports and lowering imports, which will reduce the current account deficit to 2.5 percent of GDP projected in 2019.

Moving forward, BI will monitor prevailing economic developments, such as the current account deficit, exchange rates, financial system stability, and inflation, as follow-up measures to maintain macroeconomic and financial system stability.

As predicted, the global economic growth projection has been downgraded, accompanied by a high global financial market uncertainty.

On one hand, the US economy is expected to strengthen on the back of solid domestic demand, thus raising inflation expectations and prompting the US Federal Reserve to implement further policy rate hikes.

On the other hand, however, economic growth in Europe and emerging markets, including China, is expected to be lower than previously projected and, in turn, impeded the global economic outlook.

In addition, escalating trade tensions between the United States and several trading partners is constraining world trade volume and, therefore, affecting the global economic outlook.

Export prices from Indonesia are rising more slowly despite the persistent upward global oil price trend.

Meanwhile, the ubiquitous uncertainty blighting global financial markets is pushing investors towards safer assets, particularly in the US.

The current spell of global headwinds has precipitated broad US dollar appreciation, thus perpetuating currency depreciation in the developing countries, up until mid-October 2018.

ANTARA




Bank Mandiri Ensures Safe Operation after Fire Hits Head Office

11 Agustus 2022

Bank Mandiri Ensures Safe Operation after Fire Hits Head Office

Plaza Mandiri building, which is the head office of state lender Bank Mandiri, caught fire in the early hours of Thursday, August 11, 2022.


Bank Indonesia Partners with Thailand to Prevent Money Laundering

5 April 2019

Bank Indonesia Partners with Thailand to Prevent Money Laundering

Bank Indonesia (BI) and Bank of Thailand (BOT) are collaborating to prevent money laundering and terrorism funding.


Sri Mulyani Tapped as Asia-Pacific Best Finance Minister

4 April 2019

Sri Mulyani Tapped as Asia-Pacific Best Finance Minister

Finance Minister Sri Mulyani Indrawati has again tapped as FinanceAsia's Asia-Pacific Best Finance Minister of 2019 for three consecutive years.


Ovo, Go-Pay Not a Threat to Banks, LPS Says

26 Maret 2019

Ovo, Go-Pay Not a Threat to Banks, LPS Says

In the end, both OVO and Go-Pay would have to place their money in banks too, LPS says.


LPS Reviews Guarantee e-Money, e-Wallet

15 Maret 2019

LPS Reviews Guarantee e-Money, e-Wallet

The Deposit Insurance Corporation (LPS) is reviewing the guarantee insurance for customers' e-money and e-wallet.


OJK Eases Rule on Bank Consolidation

12 Maret 2019

OJK Eases Rule on Bank Consolidation

The Financial Services Authority (OJK) will ease the rule on banks' single presence policy.


Jusuf Kalla: Future of Banking Industry is Consolidation

27 Februari 2019

Jusuf Kalla: Future of Banking Industry is Consolidation

Jusuf Kalla predicts that Indonesia's bank industry is heading toward consolidation, either through mergers or acquisitions.


Mandiri Partners with Tokopedia, Bukalapak to Offer Digital Loan

27 Februari 2019

Mandiri Partners with Tokopedia, Bukalapak to Offer Digital Loan

Bank Mandiri assures that it will partner with two known e-commerce; Tokopedia and Bukalapak to introduce digital loan services.


Rupiah, JCI Weaken as BI Maintains 7DRR Rate

22 Februari 2019

Rupiah, JCI Weaken as BI Maintains 7DRR Rate

The Jakarta Composite Index (JCI) and the rupiah weakened on today's trade, February 22.


BRI: No Clients Affected by Bank Teller's Rp2.3 Bln Fraud

31 Januari 2019

BRI: No Clients Affected by Bank Teller's Rp2.3 Bln Fraud

Bank BRI assures that none of its clients are affected by the Rp2.3 billion embezzlement.