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Bank Indonesia Signals No Further Rate Hikes After Holding Steady

Bank Indonesia (BI) kept the benchmark 7-day reverse repurchase rate at 6.25%, as predicted unanimously by 33 economists in a Reuters poll ....

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Bank Indonesia projects GDP growth above 5% in second quarter - Economy

Bank Indonesia projects GDP growth above 5% in second quarter - Economy
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Bank Indonesia confident rupiah will strengthen into year-end, governor says

JAKARTA : Indonesia's central bank is confident that the rupiah currency will continue to regain ground against the dollar until the end of 2024, as capital inflows have returned after its recent unexpected rate hike, its governor said on Friday. "The rupiah's appreciation will continue from now on until ....

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Economic growth in 2024 Q1, Q2 projected surpassing Q4 of 2023

Bank Indonesia (BI) Governor Perry Warjiyo forecast Indonesia's economic growth in the 2024 first (Q1) and second (Q2) quarters to be higher than in the . ....

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Indonesia central bank keeps policy rates unchanged, as expected

JAKARTA: Indonesia's central bank kept policy rates steady on Wednesday (Feb 21), as expected, and maintained that it would likely have room to cut borrowing costs in the second half of the year, despite market predictions of an earlier easing. Growth in Southeast Asia's largest economy fell slightly last ....

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