Sukuk Auction Results | Deflation Holds Interest Rate
Bank Indonesia (BI) has set the BI Seven Days Reverse Repo Rate (BI 7-DRRR) at 4% for the October 2020 period, or has
Omnibus Law in the Midst of Recession
The Omnibus Law, on Job Creation was passed in early October. This law will attempt to streamline and simplify many
Green Shoe Option Ends 3Q20 Sharia Bond Auction
Due to low interest in PBS003, the government only sold IDR6.4 trillion Government Sharia Bond (sukuk) on Tuesday
Import Remains Weak, Dimmer Outlook Ahead
In August 2020, Indonesia had a trade balance surplus of USD 2.33 Bn, or the fourth consecutive months with a net
Government Spending to Support Recovery
As of August 2020, Indonesia foreign reserves reached a new all-time high figure of USD 137 Billion. The amount is
Entering Recession Zone
Indonesia economy contracted by 5.32% YoY in 2Q20 or 4.19% QoQ, as the full effects of Covid-19 were felt the most
Supply Increases Promotes July Deflation
Central Bureau of Statistics (BPS) recorded Consumer Price Index (IHK) in July to deflate by 0.1% MoM or inflation by
A Quick Look at Potential LQ45 Newcomers
The LQ45 Index will soon enter its next cycle of rebalancing for the August 2020 - January 2021 period. As one of the
Macroeconomic Report | BI Cuts Benchmark Rate Again, June Trade Balance Still Surplus
Bank Indonesia once again cut BI-7DRRR by 25bps to 4.00 percent after the Board of Governors meeting on July 15-16 2020.
