What Analysts 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
Having said that, Indonesia remains fundamentally robust while bond and currency valuations appear cheap, particularly if Treasury yields continue the present trend of decline. Therefore, the core in the Data Berita Rekomendasi Analisa Market volatility is driven more by external events as opposed to internal weaknesses
In front of the Curve.
Evan Lie Hadiwidjaja, head of equity research at Sinarmas Sekuritas:
The market will be pleased with the 50 basis-point hike as it shows a huge persistence for rupiah stability and consistency toward being pre-emptive, front-loading, and ahead of the curve. On another note, BI continues to maintain a “pro-growth” stance through macro prudential policy: LTV relaxation. Both catalysts combined may boost consumer confidence as rupiah will stabilize while growth is still maintained
Not the final.
Saktiandi Supaat, head of foreign-exchange research at Malayan Banking Bhd. in Singapore:
Given the rising risk aversion – and Treasury yields look set to carry on for a while longer and weigh on the rupiah – todays increase, though more than expected, could possibly not mark the conclusion for the necessity to continue the tightening cycle
The rate 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 being an independent Central Bank in carrying out its duties and authorities began whenever a new law, concerning Bank Indonesia will be declared valid on May 17, 1999 and as amended by Act from the Republic of Indonesia. This law offers the status and status of an independent state institution within the performance of their duties and authorities, clear of interference from the Government and other parties, except for those expressly provided for within the law, this law.
Bank Indonesia (BI) is definitely the central bank in the Republic of Indonesia. Agus Martowardojo, formerly the finance minister, is the current governor. The very 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 in 2009. However, the suggestion failed to proceed and she later left the cabinet on 5 May 2010 and moved to everyone 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 each of its duties and authorities as defined within the law. Outsiders are certainly not allowed to hinder the performance from the duties of Bank Indonesia, and Bank Indonesia can also be obliged to refuse or ignore any intervention from any party. Such special status and status must enable Bank Indonesia to perform its role and function as being a monetary authority more efficiently and efficiently.
Bank Indonesia Liquidity Support is surely 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 had been partly based on the instruction and command of the President in the limited meeting of economic, finance, and development supervision and production and distribution on 3 September 1997.
It is actually hereby informed that your selection of candidate selection of Bank Indonesia Officers of 2017 has been completed. The names of participants who pass the last selection and therefore are accepted as candidates for Lunch At Batik Restaurant Bar Seminyak can be viewed in the attached list of names. Caption: Official notice regarding caused by the selection is sent by email to each and every participant who may have followed the selection up until 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 absolutely no charge inside the recruitment procedure for Bank Indonesia employees.