Jakarta, CNBC Indonesia – It’s like there is no end to the problems in this world, a recession is sure to happen and now there is another reflation. Both are “invisible enemies”, but their impact is felt in everyday life. The term reflation was coined by the governor of Bank Indonesia, Perry Warjiyo. “There is … Read more
Jakarta, CNBC Indonesia – The global economy is still haunted by uncertainty. This will also impact the Indonesian economy. Indeed, the world is currently facing the threat of reflation. The threat of reflation in the world economy was first voiced by Bank Indonesia (BI) Governor Perry Warjiyo ANNOUNCEMENT SCROLL TO RESUME CONTENT Perry said that … Read more
Jakarta – There was an uproar on social media over the mention QRIS extension. Some call QRIS ‘kiyuris’, ‘kiris’ or Oris. For your information, QRIS is an Indonesian qr standard created by Bank Indonesia (BI) for connected payment systems. With this QRIS, mobile banking or e-wallet can be used with the same QR. So you … Read more
Jakarta, CNBC Indonesia – Bank Indonesia (BI) is expected to continue its aggressive policy this month. BI is expected to increase its 7-day Reverse Repurchase Rate (BI7DRR) again by 50 basis points (bps) at its Board of Governors (RDG) meeting on Wednesday and Thursday (November 16-17, 2022) . Market consensus compiled by CNBC Indonesia expects … Read more
Jakarta – Bank Indonesia (BI) noted consumer optimism about the condition economy increased compared to the previous month. The executive director of the BI communications department, Erwin Haryono, said this was stated in the October 2022 consumer survey. The Consumer Confidence Index (IKK) in October 2022 was 120.3 up from the previous month at 117.2. … Read more
Jakarta, CNBC Indonesia – The rupee exchange rate, which has weakened for five consecutive days this week, is expected to get a “booster” early next week. Dody Budi Waluyo, Deputy Governor of Bank Indonesia (BI) that the exchange rate weakening will be limited, in line with the good news from the Indonesian economy to be … Read more
Jakarta – The current US dollar (US) exchange rate continues to strengthen at the Rp level. 15,600. This condition occurs due to the strengthening of the index dollar AS due to the rise in the US central bank’s benchmark interest rate. Bank Indonesia (BI) Governor Perry Warjiyo said the central bank is currently seeking to … Read more
Jakarta – One of the rights of the state is to print money. The state is the only institution that has the right to print money, this will be done by the central bank in each country, as quoted in the book entitled ‘State Finance’ by Pandapotan Ritonga, SE, M.Sc. An example of an institution … Read more
TIME.CO, Jakarta – President Director of PT Bank Central Asia Tbk. or BCA Jahja Setiaatmadja believes the threat of a global recession in 2023 will not significantly affect distribution performance credit bank driving. He is optimistic that credit will grow not much differently from this year’s result. “For 2023, we are quite optimistic to see … Read more
Jakarta, CNBC Indonesia – Bank Indonesia has decided to raise the BI 7-Day Reverse Repo (BI7DRR) rate by 50 basis points (bps) to 4.75%. This decision was made in the October 2022 edition of the BI Board of Governors meeting, Thursday (10/20/2022). The BI RDG was held over two days to determine the direction of … Read more