Bank Indonesia (BI) on September 18 unexpectedly cut its benchmark interest rate for the first time in over three years, as the rupiah strengthened and ahead of the anticipated US interest rate cuts.

Governor of Bank Indonesia (BI Perry Warjiyo has expressed his optimism about Indonesia's digital finance growth outlook for 2023 despite the global economic stagnation expected the same year.

Governor of Bank Indonesia (BI) Perry Warjiyo has estimated that the country will grow 5.2% in 2022, supported by exports and domestic consumption.

Bank Indonesia (BI) has cut its 2021 economic growth forecast range for the Southeast Asian country to between 3.5-4.3 percent from 4.1-5.1 percent previously.

Indonesia’s central bank said signs of inflation accelerating might be seen in the fourth quarter but the bank would not immediately raise interest rates in response, Governor Perry Warjiyo said on January 25.

Bank Indonesia (BI) sees bank lending to expand by 7 - 9 percent next year on the back of low-interest rates and recovery in the economy, according to its Governor Perry Warjiyo.

Indonesia posted a net inflow of 4.1 billion USD from April to May 14, after recording a net outflow of 5.7 billion USD in the first quarter of 2020, said Bank Indonesia (BI) Governor Perry Warjiyo on May 19.

Governor of the Bank Indonesia Perry Warjiyo has said foreign capital flow to the country totalled 16.07 billion USD in 2019 despite global economic uncertainties.

The central banks of Indonesia and Australia have agreed to extend the Bilateral Local Currency Swap Arrangement, which is due to expire in December 2018.