Announcement! BI Fast Service Again Disrupted

Announcement!  BI Fast Service Again Disrupted

Jakarta – Bank Indonesia (BI)’s interbank transfer service, namely BI Fast, is temporarily closed. Bank Indonesia (BI) explained that the service is currently under repair. “Announcement regarding BI Fast Services. As a form of Bank Indonesia’s commitment to always prioritize the comfort and security of payment system transactions, Bank Indonesia will carry out activities to … Read more

BI pulled! These two fractions of the rupee no longer exist

BI pulled!  These two fractions of the rupee no longer exist

Jakarta, CNBC Indonesia– Bank Indonesia (BI) will again withdraw two rupee denominations from circulation in 2022. The two withdrawn rupee denominations are the special rupee currency (URK) commemorating the 50th anniversary of the independence of the Republic of Indonesia, year of issue (TE ) 1995, the Democracy series, the denomination Rp. 300 thousand and the … Read more

Knock! Increased another 25 basis points, BI standard interest rate now at 5.50%

Knock!  Increased another 25 basis points, BI standard interest rate now at 5.50%

Jakarta, CNBC Indonesia – Bank Indonesia (BI) raised its benchmark interest rate by 25 basis points to 5.50% during its Board of Governors (RDG) meeting which took place on 21-22 December 2022. “The Board of Governors meeting agreed to raise BI’s 7-day reverse repo rate by 25 basis points,” BI Governor Perry Warjiyo said at … Read more

Learn about Cash is The King, a new threat to the Indonesian economy in 2023

Learn about Cash is The King, a new threat to the Indonesian economy in 2023

Jakarta, CNNI Indonesia — Bank of Indonesia (BI) includes phenomena money is king in five things Indonesia needs to watch out for next year due to the turmoil economy global. comprehend, Cash he is the king This reflects the public belief that cash is more valuable than other capital goods. This phenomenon occurs due to … Read more

The reflation called “Satan” has already haunted Indonesia!

The reflation called “Satan” has already haunted Indonesia!

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

US dollars are rare everywhere

US dollars are rare everywhere

Jakarta, CNBC Indonesia – Bank Indonesia (BI) admits the United States (US) dollar is now scarce. Not only in Indonesia but in the world due to the ongoing high economic uncertainty. “So what is happening globally now is a shortage of dollars,” Senior Deputy Governor Destry Damayanti said at a press conference at the BI … Read more