Saturday, January 9th, 2010
The Board of Governors of BI (Bank Indonesia) at meeting here on Wednesday decided to maintain the BI Rate at the level of 6.5 percent.
The BI Rate at the 6.5 percent level was considered consistent with the 2010 inflation target achievement at 5 percent with plus minus of one percent, ...
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Saturday, January 9th, 2010
Bank Indonesia`s decision to maintain its key rate at 6.5 percent is merely aimed at serving short-term interests, Ryan Kiryanto of state-owned Bank Negara Indonesia (BNI), said on Wednesday.
There would be three reasons for the inflation rate to go up, he noted.
The first one would be the impact of a ...
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Thursday, December 3rd, 2009
Acting governor of Bank Indonesia Darmin Nasution said he believed the country`s foreign exchange reserves could reach US$66 billion by the end of this year.
"We believe they could reach US$66 billion and so we would be able to finance 6.5 months of imports as well as repay debt installments and ...
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Thursday, November 12th, 2009
Unemployment rate in Indonesia in 2010 is estimated to still be in the range of 10 percent. Projected economic growth of only 5.5 percent were considered to be sufficient to absorb labor in the productive age.
"State budget is less clear in infrastructure improvements could not push the unemployment rate. Moreover, ...
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Friday, September 4th, 2009
The BI Board of Governors in a meeting here on Thursday decided to maintain the BI Rate at the level of 6.50 percent,
The BI Board of Governors considered the monetary policy relaxation since December 2008 by cutting the BI rate by 300 basis points to 6.50 percent, was quite conducive ...
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Wednesday, June 3rd, 2009
The government has projected Indonesia`s economic growth at five percent next year, and thereby reducing employment and poverty in the country.
State Minister for National Development Planning/Head of the National Development Planning Agency Paskah Suzetta told a hearing with the House budgetary committee in Jakarta Monday.
With the five percent growth, the ...
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