Bi indonesia

Jakarta,  (ANTARA News) - Bank Indonesia (BI) has predicted that the country`s current account deficit will increase in the third quarter this year compared to a quarter earlier but it will not exceed 3.5 percent of the national gross domestic product (GDP). The third-quarter current account deficit will remain high due to oil and gas trade deficit in July and August, BI Governor Perry Warjiyo said here on Friday. Meanwhile, the impact of the import control policy including the use of biodiesel blended fuel (B20) and the rise in income tax rates for imported goods was felt only in September, he said. "So, it will be reasonable if the current account deficit in the third quarter of 2018 will stay above 3 percent but will not exceed 3.5 percent of the GDP," he said. The second-quarter current account deficit stood at 3 percent of the GDP, up from 2.1 percent in the first quarter, he said. Despite increasing in the third quarter, he believed the current account deficit will fall … [Read more...] about BI predicts current account deficit not to exceed 3.5 percent

Ambon, Oct 21 (ANTARA News) - The central bank Bank Indonesia (BI) representative office of Maluku Province will carry out mobile cash expedition, the second exped Tition in 2018, in order to improve the quality of circulating money in the outermost, foremost, lagging (3T) islands. "We will carry out this second expedition and it will take place at the end of October with routes starting from the regions in West Southeast Maluku (MTB), Southwest Maluku (MBD) to East Nusa Tenggara (NTT)," Head of Bank Indonesia Representative Office (BI) Maluku Province Bambang Pramasudi said here on Sunday. For the third expedition plan, he continued, it will take place in November 2018 with routes starting from the Eastern Seram region to West Papua, especially the islands classified as 3T. Whereas the first expedition for 2018 has been carried out some time ago with the route starting from West Seram and the surrounding area to North Maluku. According to Bambang, the main task of BI is to assure … [Read more...] about bi maluku to hold second mobile cash expedition

Jakarta (ANTARA News) - Indonesia`s external debt grew stably at the end of August 2018, as it was influenced by the increasing growth in private external debt amid slowing growth in government and central bank external debt. "Indonesia`s external debt at the end of August 2018 amounted to US$360.7 billion, comprising government and central bank external debt of $181.3 billion, as well as the private sector, including state-owned enterprises, external debt of $179.4 billion," BI Communications Director Agusman noted in a statement received here on Saturday. Indonesia`s external debt grew at 5.14 percent year-on-year (yoy), relatively stable as compared to previous month`s growth of 5.08 percent yoy. Meanwhile, he noted that the government`s external debt grew at a slower pace in August 2018. The government`s external debt at the end of August 2018 amounted to $178.1 billion, or grew 4.07 percent yoy, slightly slower as compared to the previous month`s growth of 4.12 percent yoy. … [Read more...] about Indonesia`s external debt grew stably at Aug-end 2018: BI

Jakarta, Oct 19 (ANTARA News) - The exchange value of the rupiah currency against the US dollar has been stable based on the market mechanism, according to Bank Indonesia`s (BI`s) monetary authorities. BI Governor Perry Warjiyo stated in Jakarta on Friday that the currency had stabilized when the rupiah exchange rate moved around Rp15,200 per US dollar. "The exchange conditions remained stable, supply and demand in the markets went well, and the market mechanism moved well," Warjiyo noted. The rupiah exchange rate in the Jakarta Interbank Spot Rate (Jisdor) announced on the BI page on Friday shows that the rupiah is at Rp15.221 per US dollar. Warjiyo remarked that the rupiah`s current exchange rate indicates the confidence of market players, including global investors, in the domestic economic conditions. "Global developments from day to day have new news. It is natural if the rupiah exchange rate moves to respond," he pointed out. The movement of the rupiah exchange rate, after … [Read more...] about rupiah now stable based on market mechanism: bi

Ambon, Maluku (ANTARA News) - Bank Indonesia (BI) Representative Office, Maluku, again cooperated with 17 banks in Ambon for offering exchange services for paper and metal rupiah, starting from Rp20 thousand, Rp10 thousand, Rp5 thousand, Rp2 thousand, and Rp1 thousand. The service is also for coins ranging from Rp1 thousand, Rp500, Rp200, and Rp100, Head of the Maluku Province BI Representative Office Bambang Pramasudi remarked while giving a speech at the signing of a memorandum of understanding on money exchange service between the BI Maluku Province and 17 commercial banks in the City of Ambon on Friday. The 17 banks that signed the cooperation agreement today with BI Maluku are BNI banks, BRI, Mandiri, BPM, BPD Maluku/North Maluku, BCA, Bank Panin, Danamon, Niaga, Mei Bank, Property, Sinar mas, Mayora, Nobu , Maya on, Maumalat, and Mandiri Islamic bank. Pramasudi remarked that one of BI`s tasks was to circulate the rupiah across Indonesia not only in terms of the amount but also … [Read more...] about BI cooperates with banks to offer currency exchange service