Bank Indonesia
Bank Indonesia raises rates for the second time in eight days to defend rupiah
Analysts say the move reflects policymakers’ determination to stay ahead of the curve
Indonesia central bank raises rates by 25 basis points
It raised the seven-day reverse repurchase rate to 5.75%, the highest level since May 2025
Indonesia, Philippines set to hike rates as caution prevails: Bloomberg survey
Both economies have been hit by the steep increase in global oil prices
Bank Indonesia’s new mandate faces first market test after rate hike
It has pushed back against concerns that supporting growth could dilute its commitment to stability
Indonesia’s central bank governor touts higher bond yields in investor pitch
The bank will refrain from buying bonds with tenors that are 10 years or longer
Indonesia raises rates in surprise move to support sinking rupiah
The currency experienced its steepest drop since 2020 in the past three weeks
Indonesia’s foreign reserves suffer longest decline since 2018
Foreign investors have pulled more than US$3.5 billion from Indonesian stocks
Indonesia passes sweeping Bill expanding central bank role to spur growth
Promoting sustainable economic growth is already part of Bank Indonesia’s mandate, along with price and foreign exchange rate stability
Indonesia to ‘listen to market’ on new commodity export body, Danantara says
The policy is aimed at curbing under-invoicing, or under-declaring the value of cargoes
Analysts in doubt over whether Bank Indonesia’s rate hike will stem rupiah’s slide
Jakarta next needs to have consistent economic and business policies to protect the currency, national assets, they say
