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Indonesia Remains Strong amid Closure of Three US banks: Central Bank

Indonesia Remains Strong amid Closure of Three US banks: Central Bank

The results of stress tests conducted by central bank show that the banking conditions in Indonesia are resilient.
Business
Indonesia Central Bank to Reduce Inflation to 3.61% in 2023

Indonesia Central Bank to Reduce Inflation to 3.61% in 2023

According to BI’s estimates, Indonesia’s CPI inflation reached 6.11 percent YoY as of Nov. 3.
Business
Indonesia Central Bank Forcasts Economy May Grow 5.2 Percent This Year

Indonesia Central Bank Forcasts Economy May Grow 5.2 Percent This Year

The growth is supported by exports and domestic consumption that ought to be maintained.
Business
Indonesia Raises Rates for First Time since 2018

Indonesia Raises Rates for First Time since 2018

Bank Indonesia raised the policy rate to 3.75 from 3.5 percent.
Business
Indonesia Central Bank Issues New Series Design of Banknotes

Indonesia Central Bank Issues New Series Design of Banknotes

The seven denominations became legal means of payment in the country, starting August 17, 2022.
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