What Experts Say About Bank Indonesia’s Rate Increase Surprise. As risks from the external sector, driven by the U.S. Federal Reserves signal to increase interest levels. Furthermore, trade tensions will most likely worsen Indonesias current-account balance
Nevertheless, Indonesia remains fundamentally robust while bond and currency valuations appear cheap, especially if Treasury yields continue the current trend of decline. Therefore, the core from the Data Berita Rekomendasi Analisa Market volatility is driven more by external events rather than internal weaknesses
In front of the Curve.
Evan Lie Hadiwidjaja, head of equity research at Sinarmas Sekuritas:
The current market is going to be happy with the 50 basis-point hike as it shows a large persistence for rupiah stability and consistency toward being pre-emptive, front-loading, and in front of the curve. On another note, BI will continue to keep a “pro-growth” stance through macro prudential policy: LTV relaxation. The two catalysts combined may boost consumer confidence as rupiah will stabilize while growth will still be maintained
Not the conclusion.
Saktiandi Supaat, head of foreign-exchange research at Malayan Banking Bhd. in Singapore:
Given the rising risk aversion – and Treasury yields look set to go on for some time longer and weigh on the rupiah – todays increase, though greater than expected, might actually not mark the conclusion for the necessity to continue the tightening cycle
The speed increase comes against a backdrop of continued weak economic growth and subdued inflation, and clearly indicates the main target in the central bank is boosting the rupiah.
A new chapter within the history of Bank Indonesia as being an independent Central Bank in performing its duties and authorities began when a new law, concerning Bank Indonesia will be declared valid on May 17, 1999 so that as amended by Act of the Republic of Indonesia. This law provides the status and status of an independent state institution in the performance of its duties and authorities, clear of interference by the Government and other parties, aside from those expressly provided for within the law, this law.
Bank Indonesia (BI) is the central bank from the Republic of Indonesia. Agus Martowardojo, formerly the finance minister, will be the current governor. The last governor before Saham Murah Fundamental Bagus was Darmin Nasution who resigned at 23 May 2013. Agus Martowardojo was sworn in by president Susilo Bambang Yudhoyono on 23 May 2013. Finance Minister Sri Mulyani Indrawati was proposed being a candidate for governor of BI during 2009. However, the suggestion failed to proceed and she later left the cabinet on 5 May 2010 and moved around the world Bank Group as Managing Director. By 26 March 2013, panel of Indonesian parliament member approved Finance Minister Agus Martowardojo to become the central bank governor.
Bank Indonesia has full autonomy in formulating and executing every one of its duties and authorities as defined within the law. Outsiders are certainly not allowed to hinder the performance of the duties of Bank Indonesia, and Bank Indonesia can also be obliged to refuse or ignore any intervention from the party. Such special status and status must enable Bank Indonesia to do its role and performance as a monetary authority better and efficiently.
Bank Indonesia Liquidity Support is an Indonesian government policy that was formulated with Bank Indonesia in the crisis period and executed by Bank Indonesia to rescue the monetary and banking system as well as rquipd economy as a whole. It was partly based on the instruction and command of the President inside the limited meeting of economic, finance, and development supervision and production and distribution on 3 September 1997.
It really is hereby informed that the selection of candidate selection of Bank Indonesia Officers of 2017 continues to be completed. The names of participants who pass the final selection and they are accepted as candidates for Lunch At Batik Restaurant Bar Seminyak can be seen in the attached set of names. Caption: Official notice regarding the result of the selection is sent by email to each and every participant who has followed the selection till the final interview stage. Your decision and determination of the consequence of the selection is entirely the authority of Bank Indonesia and can not be contested. There is not any charge inside the recruitment process of Bank Indonesia employees.