Bank Indonesia Holds Key Rate After Rupiah Comes Under Pressure

Bank Indonesia Holds Key Rate After Rupiah Comes Under Pressure

(Bloomberg) — Indonesia’s central bank kept its key interest rate steady as expected, pausing an easing cycle as external risks drag on the rupiah currency. Most Read from Bloomberg Bank Indonesia left the benchmark BI-Rate unchanged at 6% on Wednesday, as predicted by 30 of the 41 economists surveyed by Bloomberg, with the rest expecting … Read more

IN2MF in Kuala Lumpur Presented by Bank Indonesia

KUALA LUMPUR, Malaysia, May 8, 2024 /PRNewswire/ — As part of the national economic growth measures, Bank Indonesia, together with the Government, is consistently working hand in hand to develop Islamic economy and finance, part of which is the Modest Fashion sector. Bank Indonesia, along with the Ministry of Cooperatives and SMEs, the Embassy of the Republic … Read more

Singapore, Indonesia launch cross-border QR payment service | World

Logos of the two banks (Source: mas.gov.sg) Hanoi (VNA) – The Monetary Authority of Singapore (MAS) and Bank Indonesia (BI) have freshly debuted a cross-border quick response (QR) payment linkage between the two nations. In a joint media release, the two central banks said this linkage enables customers of participating financial institutions to make seamless … Read more