Latest news and articles about Bank Indonesia from NEX English
The head of Indonesia's Corruption Eradication Commission, Sitiou Budianto, emphasized the need for independence among investigators in a corruption case involving the social responsibility of Bank Indonesia. Ongoing investigations focus on the use of social program funds from 2020 to 2023.
Bank Indonesia, in collaboration with the Jakarta government, has launched a program aimed at enhancing the digital economy in 20 traditional markets. The initiative focuses on promoting digital payments and improving access to financial services.
Bank Indonesia announced the discovery of low-quality counterfeit currency in Bogor, confirming that these notes are easily distinguishable. This announcement was made during a press conference held in Jakarta.
Bank Indonesia has announced the use of new financial instruments, Sekuritas Valuta Asing Bank Indonesia (SVBI) and Sukuk Valuta Asing Bank Indonesia (SUVBI), as collateral in foreign currency repo transactions. This decision aims to enhance the stability of the Indonesian rupiah.