JAKARTA] Bank Indonesia (BI) on Wednesday (Aug 20) unexpectedly cut its policy rate for the second consecutive time since ...

Bank Indonesia (BI) has unexpectedly made a back-to-back benchmark interest rate cut in its bid to bring out the true ...

JAKARTA, Aug. 20 (Xinhua) -- Bank Indonesia expected the country's economy to expand 5.1 percent in 2025, up from 5.03 percent last year, supported by consumption, exports and government spending, ...

JAKARTA, Aug. 20 (Xinhua) -- Indonesia's central bank has disbursed macroprudential liquidity incentives totaling 384 trillion rupiah (about 23.5 billion U.S. dollars) by the first week of August 2025 ...

Transactions between Indonesia and Malaysia reached 4.31 million, with a total value of Rp1.15 trillion since May 2023.

Bank Indonesia (BI) officially launched the use of the QR Code Indonesian Standard (QRIS) payment system for the Japanese ...

Bank Indonesia (BI) and the People’s Bank of China have launched a series of trials for cross-border QR code payments, ...

Bank Indonesia (BI) will maintain its benchmark rate at the current level into 2024 barring any major changes in global dynamics, Governor Perry Warjiyo said on Wednesday, signaling the central ...

Photo: willy kurniawan/Reuters JAKARTA—Bank Indonesia’s benchmark rate is already near its peak, Gov. Perry Warjiyo said Monday, signaling the central bank won’t raise the rate soon.

President Joko Widodo has nominated Perry Warjiyo, a central banker with more than 30 years of experience, to lead Bank Indonesia and steer monetary policy in Southeast Asia’s largest economy.

This article is for subscribers only. Indonesian President Joko Widodo nominated Perry Warjiyo to become the next governor of the country’s central bank, a person familiar with the matter said.