Bank Indonesia Governor Perry Warjiyo talks during a virtual press conference held after the central bank s two-day policy meeting on Jan 21. - Courtesy of Bank Indonesia/-
JAKARTA (The Jakarta Post/ANN): Bank Indonesia (BI) decided Tuesday (April 20) to maintain its benchmark interest rate at 3.5 per cent to safeguard the rupiah as uncertainty continues to haunt the global financial market.
Aside from maintaining the seven-day reverse repo rate, the central bank also held the deposit facility rate and lending facility rate at 2.75 per cent and 4.25 per cent, respectively.
“This decision is in line with the need to safeguard the stability of the rupiah’s exchange rate against the high uncertainty in the global financial market, although the inflation forecast remains low, ” BI governor Perry Warjiyo said in a virtual presser on Tuesday following a two-day monetary policy meeting.
By Reuters Staff
(Adds more c.bank governor, economist comment)
JAKARTA, April 20 (Reuters) - Indonesia’s central bank governor said on Tuesday there was no government plan to undermine his institution’s independence as parliament prepares to debate a bill that would widen the central bank’s mandate.
The bill awaiting parliamentary debate would expand the central bank’s mandate to include economic growth and employment, in addition to price stability. It also includes proposals to overhaul banking supervision.
“There is no, in my understanding, no plan from the president himself to change the independence of the central bank,” Bank Indonesia (BI) Governor Perry Warjiyo said during a call with investors.
Indonesia's exports surged in March due to higher commodity prices and rebounding global demand, while imports also grew by more than expected last month as domestic manufacturing activity improved, statistics bureau data showed on Thursday. Merchandise exports beat forecast with an annual jump of 30.47 per cent to $18.35 billion on rising shipments of oil, natural gas, palm
Indonesia s exports and imports grow more than expected in March Kamis, 15 April 2021 / 12:33 WIB Sumber:
Anna Suci Perwitasari
KONTAN.CO.ID - JAKARTA. Indonesia s exports surged in March due to higher commodity prices and rebounding global demand, while imports also grew by more than expected last month as domestic manufacturing activity improved, statistics bureau data showed on Thursday.
Merchandise exports beat forecast with an annual jump of 30.47% to $18.35 billion on rising shipments of oil, natural gas, palm oil, steel and coal.
Shipments were also supported by elevated commodity prices and improving demand from top trade partners like China and the United States, whose economies are recovering strongly from the COVID-19 pandemic.
Imports +25.7%, vs forecast of 6% Trade surplus near expectation at $1.56 bln (Adds details, comments by the statistics bureau chief and economist)
JAKARTA, April 15 (Reuters) - Indonesia’s exports surged in March due to higher commodity prices and rebounding global demand, while imports also grew by more than expected last month as domestic manufacturing activity improved, statistics bureau data showed on Thursday.
Merchandise exports beat forecast with an annual jump of 30.47% to $18.35 billion on rising shipments of oil, natural gas, palm oil, steel and coal.
Shipments were also supported by elevated commodity prices and improving demand from top trade partners like China and the United States, whose economies are recovering strongly from the COVID-19 pandemic.