indonesiacentralbank
According to BI’s estimates, Indonesia’s CPI inflation reached 6.11 percent YoY as of Nov. 3.
JAKARTA, KOMPAS.com – Indonesia’s central bank (Bank Indonesia) in its Annual Budget Plan has set the target of bringing down the Consumer Price Index (CPI) inflation to a level of 3.61 percent year on year (YoY) in 2023. According to BI’s estimates, Indonesia’s CPI inflation reached 6.11 percent YoY as of Nov. 3."Our target is to control inflation immediately next year, so we really need an increase in the benchmark interest rate," BI Governor Perry Warjiyo said during a meeting with Commission XI of the House of Representatives on Monday, Nov. 21. Next year, the central bank will also contin...
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The seven denominations became legal means of payment in the country, starting August 17, 2022.
JAKARTA, KOMPAS.com \- Indonesia’s Central Bank has announced a new series design of Indonesian banknotes for circulation on Thursday, Aug.18, a day after the country celebrated its 77th Independence Day. The new series design of banknotes are featured in the denomination of 100,000 Rupiah; 50,000 Rupiah; 20,000 Rupiah; 10,000 Rupiah; 5,000 Rupiah; 2,000 Rupiah, and 1,000 Rupiah. The seven denominations became legal means of payment in the country, starting August 17, 2022. “Bismillahirohmanirohim [in the name of God] as we hope for the blessing of Almighty Allah today, I, Perry Warjiyo, the g...
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