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Bitcoin Tops $8,000 as it Hits Highest Since July 2018

Bitcoin Tops $8,000 as it Hits Highest Since July 2018

Cryptocurrencies are definitely something to watch. (Shutterstock/File) Bitcoin surged to more than $8,000 late on Monday, its highest level since July last year, as the cryptocurrency’s rally gained further momentum. There is no real fundamental...
BI Keeps Eye on Three Risks to Financial System Stability

BI Keeps Eye on Three Risks to Financial System Stability

Bank Indonesia Governor Perry Warjiyo (Antara/Puspa Perwitasari) Bank Indonesia has assured that Indonesia’s financial system is in a stable condition, following the global uncertainty in 2018, but the central bank pointed out three risks that could destabilize the...
BI Keeps Eye on Three Risks to Financial System Stability

Current Account Deficit Heads to 2.5 Percent of GDP: BI

Bank Indonesia Governor Perry Warjiyo (Antara/Puspa Perwitasari) Bank Indonesia (BI) Governor Perry Warjiyo said the central bank had recorded a narrowing trend in the current account deficit, which was recorded at 3.57 percent of gross domestic product (GDP) in the...
BI Records Slow Loan Growth in Q1, Projects Faster in Q2

BI Records Slow Loan Growth in Q1, Projects Faster in Q2

The Bank Indonesia (BI) logo. (Shutterstock.com/Harismoyo ) A Bank Indonesia survey has shown slow growth in loan demand in the first quarter of 2019, but the central bank projects faster growth in the second quarter. This is reflected in the net weighted balance...
BI Records Expansion in Manufacturing Sector in Q1

BI Records Expansion in Manufacturing Sector in Q1

The Bank Indonesia building on Jl. MH Thamrin in Central Jakarta. (Shutterstock.com/Harismoyo ) Bank Indonesia (BI) released on Thursday a report on the performance of the manufacturing sector in the first quarter of 2019, reflected in the prompt manufacturing index...