Indonesia’s economy shows positive sign World

Indonesia’s economy shows positive sign

The Bank Indonesia (BI) Consumer Survey for April 2023 indicated that consumer confidence in Indonesia's economic conditions increased compared to the previous month.
Vietnam joins ASEAN central bank officials at meetings in Indonesia World

Vietnam joins ASEAN central bank officials at meetings in Indonesia

A delegation of the State Bank of Vietnam (SBV), led by its Deputy Governor Pham Tien Dung, attended the ASEAN Central Bank Governors’ Meeting, the ASEAN Finance Ministers’ and Central Bank Governors’ Meeting, and related events in Bali, Indonesia, from March 28 - 31.
ASEAN, UK central banks cooperate in developing payment system World

ASEAN, UK central banks cooperate in developing payment system

Bank Indonesia (BI) is collaborating with the Bank of England (BOE) in holding the ASEAN Central Banks Workshop on Enhancing Real-Time Gross Settlement (RTGS), Integrating Cross-Border Payment Systems, and Exploring Central-Bank Digital Currencies from March 8-10 in Jakarta.
Indonesia, RoK renew currency swap deal  World

Indonesia, RoK renew currency swap deal

Bank Indonesia (BI) and the Bank of Korea (BoK) on March 6 agreed to renew a bilateral local currency swap agreement for up to 115 trillion rupiah or 10.7 trillion won (7.52 billion USD).
Indonesia’s 2022 inflation surpasses forecast  World

Indonesia’s 2022 inflation surpasses forecast

Indonesia’s inflation rose slightly in December and remained above the central bank’s target range for the 7th successive month, as household spending increased during the year-end holidays.
Indonesia launches new banknotes World

Indonesia launches new banknotes

Indonesia’s Ministry of Finance and Bank Indonesia (BI) have launched seven new banknotes to mark the country’s 77th independence anniversary (August 17).
Indonesia expects 4.5-5.2 percent growth in Q1 World

Indonesia expects 4.5-5.2 percent growth in Q1

Indonesian Finance Minister Sri Mulyani Indrawati has projected that the country’s economy will grow 4.5 percent to 5.2 percent in the first quarter of 2022 amid uncertainty about the global economy due to the conflict in Ukraine.
Indonesia pilots QR payment linkage with Malaysia, Thailand World

Indonesia pilots QR payment linkage with Malaysia, Thailand

Bank Indonesia (BI) is running a pilot project for a cross-border quick response (QR) payment linkage with the central banks of Malaysia and Thailand - Bank Negara Malaysia (BNM) and Bank of Thailand (BOT), in a bid to propel digitalisation and make transactions between the said countries more efficient.