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Bank Indonesia (BI) governor Perry Warjiyo said that the capital outflow recorded since Covid-19 hits Indonesia has reached Rp167.9 trillion.
Bank Indonesia Governor Perry Warjiyo said that Indonesia's economy remain strong and stable, creating confidence among investors.
The rupiah's interbank exchange rate in Jakarta plunged on Friday noon, March 20. At 11:21, rupiah fell 0.79 percent to trade for Rp16,038 per USD.
Jokowi asks Bank Indonesia to focus its efforts in maintaining the stability of rupiah in the midst of financial turmoil caused by the Covid-19.
The rupiah's interbank rate in Jakarta fell deeper. On Friday morning, March 20, the rupiah was traded nearly Rp16,000 per US dollar.
Bank Indonesia (BI) Governor Perry Warjiyo said the central bank continues to monitor rupiah's movement.
Bank Indonesia official said that the stimulus applied by the government will prevent the effects of the global economic pressure.
G20 members have agreed to strengthen partnerships among nations to help recover the global economy amid the coronavirus (Covid-19) outbreak.
The latest retail sales survey conducted by Bank Indonesia (BI) showed that retail sales had tracked a seasonal decline in January 2020
Bank Indonesia announced that users of the Quick Response Indonesian Standard (QRIS) are starting to increase.
Bank Indonesia (BI) is expanding the adoption of the Quick Response Code Indonesian Standard (QRIS) among small and micro businesses.
Former vice presidential candidate, Sandiaga Uno, is optimistic that Indonesia's economy can grow better this year.
Bank Indonesia (BI) Governor Perry Warjiyo said Indonesia has received IDR 10.1 trillion in foreign capital as of January 9., 2020
The Indonesian Credit Card Association (AKKI) noted that credit card growth has slowed in recent years.
Bank Indonesia (BI), Financial Services Authority (OJK), and LPS agreed to integrate banking sector reporting
On Wednesday's trade, December 18, the rupiah closed up 9bps or 0.06 percent to trade for Rp13,988 per US dollar.
CPI inflation remained low, under control in November 2019 as it was recorded at a low rate of 0.14 percent (mtm) in November, says Bank Indonesia.
Bank Indonesia stated that one of the strategies to boost the country's economic growth is through the availability of adequate infrastructures.
Bank Indonesia said that October's broad money or M2 was recorded at Rp6,025.6 trillion, growing 6.3 percent (YoY).
Bank Indonesia (BI) has decided to lower the minimum statutory reserves (GWM) by 50bps.