Tuesday, 22 March 2022 – 06:56 WIB – Governor of Bank Indonesia (BI) Perry Warjiyo provides views regarding the global economy in 2022. Photo: Ricardo/JPNN.com jpnn.com, JAKARTA – Governor of Bank Indonesia (BI) Perry Warjiyo provides views regarding the global economy in 2022. According to Perry, imbalance global economy still continuing due to differences in … Read more
Jakarta, CNBC Indonesia – Indonesia’s dependence on the United States (US) dollar has faded after the implementation of the policy on the use of local currency in trade transactions or Local Currency Settlement (LCS). Clear evidence of the loss of influence of the US dollar on Indonesia is clearly shown by two giant banks in … Read more
/data/photo/2022/01/29/61f49bf04850f.png "Starting March 1, Pay Using QRIS Can Up To Rp 10 Million")
JAKARTA, KOMPAS.com – Bank Indonesia (WITH A) again increase the maximum limit or transaction limit using Quick Response Code Indonesian Standard or QRIS. BI Governor Perry Warjiyo said that starting March 1, 2022, the QRIS transaction limit would be increased from IDR 5 million to IDR 10 million. The increase is one of the steps … Read more
Jakarta, CNBC Indonesia – Bank Indonesia (BI) and China’s central bank (People’s Bank of China/PBoC) recently renewed the agreement swap bilaterally in local currency (Bilateral Currency Swap Arrangement/BCSA). With this agreement, the use of the United States (US) dollar will be reduced and BI will be better prepared to face the turmoil that could result … Read more
Jakarta, CNBC Indonesia – Bank credit growth is still relatively low. Until the end of 2021, bank credit growth according to Bank Indonesia (BI) records only reached 5.24%. Willem A. Makaliwe, Managing Director of the FEB UI Management Institute, assessed that this was due to the high loan interest rates provided by banks. Where the … Read more
Jakarta, CNBC Indonesia – Economic transactions and digital finance are growing. Bank Indonesia noted that the value of digital banking transactions increased 45.64% (yoy) to Rp 39,841.4 trillion during 2021. The increase is expected to be even greater this year. This increase is inseparable from the behavior of people who prefer to shop online or … Read more
Screenshot of the Facebook upload showing a photo of Rp 10,000 with the words Open BO scribbled on. (Source: Kompas.com) JAKARTA, KOMPAS.TV- There are many questions about the Rp. 10,000 banknote with the words ‘Open BO’ being the talk on social media. Bank Indonesia (BI) immediately spoke up regarding this matter. Previously, an upload showed … Read more
Jakarta, CNBC Indonesia – Indonesia and China are increasingly compact in leaving the United States (US) dollar in their bilateral cooperation transactions. Both agreed to use local currency or Local Currency Settlement (LCS), both rupiah and yuan. This is reflected in the value of transactions between Indonesia and China using the LCS which has reached … Read more
Jakarta, CNBC Indonesia – The widespread availability of digital payment systems has encouraged the use of currency, both paper money and coins, being increasingly abandoned by the Indonesian people, meaning that the ‘doomsday’ for paper money is getting closer. Governor of Bank Indonesia (BI) Perry Warjiyo revealed that digital economic and financial transactions are growing … Read more
Jakarta, CNBC Indonesia – Bank Indonesia believes that there will be no stagflation in China as many have suspected. Signs of improvement in China’s economy have begun to appear at the end of this year. “We ourselves still believe that there will be no stgaflation in China,” said Head of the Department of Monetary Management … Read more