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Banking 21 Jan 2019 | 3:02 AM

Official says Indonesia's central bank to intervene in domestic NDF to boost liquidity

JAKARTA: Indonesia's central bank will intervene in the domestic non-deliverable forward market to provide liquidity and maintain rupiah stability, a senior official said on Monday.

Technology 01 Apr 2016 | 6:14 AM

What's up? Indonesia's central bank gets chatty with markets

A new chat group on the instant messaging phone application WhatsApp is helping Indonesia's central bank improve its reputation for managing market expectations, something it has struggled with in the past.

Business 14 Jul 2015 | 4:38 PM

Indonesia's central bank holds key rate at 7.5%

JAKARTA: Indonesia's central bank kept its benchmark interest rate unchanged at 7.5% on Tuesday, saying the level was in line with its efforts to manage inflation targets for this year and 2016.

Business 09 Nov 2012 | 12:00 AM

Bank Indonesia holds rate, sees strong 2013 growth

JAKARTA: Indonesias central bank kept its benchmark rate at a record low of 5.75% for a ninth consecutive month, as expected, as it sees inflation as manageable and expects resilient economic growth to continue into next year.

Business 17 Aug 2012 | 12:00 AM

Indonesia’s new forex law

JAKARTA: Indonesias central bank said its new rule shortening hedging duration to a minimum of one week is now effective, and expects it to help stabilise the rupiah that is pressured by a growing current account deficit.

Business 03 Apr 2009 | 12:00 AM

Indonesia's central bank cuts key interest

Indonesia's central bank has reduced its key interest rate by a quarter percentage point to 7.5 percent.