A greater availability of resources destined for credits promoted an increase of 10.73% during the month of January, which significantly boosted the local economy during the mentioned period, according to the report of Financial Indicators of the Central Bank of Paraguay (BCP). The diversification of credits in the first month of the year is explained … Read more
Jakarta, CNBC Indonesia – The Ministry of Finance, led by Sri Mulyani Indrawati, continues to try to reduce the foreign share in Indonesian debt securities ownership. This is good for Indonesia’s resilience in the future in the face of financial market turmoil. “That is indeed the government’s strategy on how to reduce our dependence in … Read more
Jakarta, CNBC Indonesia – “Waste dollars” might have been a dream a few years ago. But now Indonesia seems to really be leaving the United States (US) dollar slowly. In a month, on average, RI managed to reduce dependence on the US dollar by US$ 117.3 million on average every month. This is equivalent to … Read more
While the fastest decline in the dollar exchange rate after 2018 was recorded, the exchange rate decreased to 8 TL. In the evening, the dollar changed its direction upwards and rose to 8.17. With the decision to extend the practice of withholding tax deductions from deposit interests and dividends paid to participation accounts for 2 … Read more
Jakarta, CNBC Indonesia – China seems to be increasingly striving to increase the flexibility of the yuan currency. Even China has continued to reduce restrictions on the use of the cross-border Yuan. This was disclosed by the Governor of the country’s Central Bank, Yi Gang, as quoted from CNBC International. He said this step would … Read more
ILLUSTRATION. Money changer employees calculate US dollars./pho KONTAN / Carolus Agus Waluyo / 22/09/2020. Reporter: Danielisa Putriadita | Editor: Handoyo. KONTAN.CO.ID – JAKARTA. The rupiah has the potential to weaken to Rp 15,000 per US dollar (US) if external conditions become more gloomy and investors tend to seek the US dollar as an asset. safe … Read more