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INDONESIAN lawmakers called for caution over proposals to reform the central bank amid investor worries the changes would erode its independence.
JAKARTA Sept 18 (Reuters): Indonesia's rupiah hit a more than two-week high on Friday, a day after the central bank kept interest rates unchanged and supported by reassurances monetary policy would not be swayed by political influences.
INTEREST rate cuts are becoming passe in important parts of Asia. The main game now is the expansion of monetary policy into arenas once considered off-limits for responsible central banks.
JAKARTA: Indonesia's central bank kept its benchmark interest rate unchanged for a second straight month on Thursday, citing the need to maintain financial market stability amid recent pressure on the rupiah currency.
JAKARTA (The Straits Times/ANN): Outspoken former Jakarta governor Basuki Tjahaja Purnama -- popularly known by his Chinese nickname Ahok -- has used YouTube as a platform to lambast bad bureaucracy, rent-seeking and systematic inefficiency in Indonesia's state-owned companies.
JAKARTA: Indonesia stocks pulled back after a more than 5% surge over the last two sessions as a poll of analysts predicted the country’s central bank would stand pat on interest rates in favour of supporting an under-pressure rupiah.
JAKARTA: An Indonesian parliamentary committee overseeing the drafting of a central bank law amendment yesterday heard recommendations from experts who called for the expansion of Bank Indonesia’s (BI) mandate, but insisted it must remain independent.
SINGAPORE, Sept 15 (Reuters): Indonesia stocks pulled back on Tuesday after a more than 5% surge over the last two sessions as a Reuters poll of analysts predicted the country's central bank would stand pat on interest rates in favour of supporting an under-pressure rupiah.
JAKARTA/BOGOR, Indonesia (Reuters) - When the coronavirus pandemic forced Indonesian schools to shut, it exposed how millions of households in the Southeast Asian country still had no access to the internet or even a device like a mobile phone to do remote learning.