Bank Indonesia (BI)
Indonesia’s Nasution discusses global and domestic pressures
Governor of Bank Indonesia explains impact of global downturn and laments slow progress in resolving ongoing issues with Indonesian financial system
ECB and BoE join other countries in rates hold
European Central Bank and Bank of England join the National Bank of Poland and Bank Indonesia in leaving interest rates on hold; ECB president welcomes U-turn on Greece private sector involvement
Eurozone fears spread worldwide
Indonesia drops rate in surprise move, Lithuania and Mexico slash growth forecasts as the UK prepares for “Armageddon”
Indonesia announces deputy governor candidates
Four candidates named for two deputy governor posts; parliament passes bill creating new financial services authority
Indonesia issues tough sanctions for Citibank
Bank Indonesia bans Citi from opening branches for a year
Central banks back move for more liquid Islamic money markets
International Islamic Liquidity Management Corporation aims to enhance liquidity management by firms in the market for Islamic financial services by issuing Shari'ah-compliant financial instruments
Indonesia moots new rule to boost bank lending
Bank Indonesia to propose range of loan-to-deposit ratios to encourage lending; banks prefer to park deposits in money market due to perceived default risk
Bank Indonesia plans rupiah redenomination: reports
Bank Indonesia acting governor Darmin Nasution says redenomination of the currency should be inflation neutral
Cross-border collateral may alleviate dollar funding strains: Emeap
Executives’ Meeting of East Asia Pacific Central Banks says crisis revealed shortcomings in regional money markets; swaps deals, cross-border collateral could alleviate some problems
Taskforce to overhaul Asian post-trade framework
Central banks of Hong Kong and Malaysia team up with settlement systems firm Euroclear to create pilot common platform to improve central securities depository infrastructure
Indonesia's Nasution set to be made full governor
Bank Indonesia acting governor Darmin Nasution is likely to take on leadership officially after scoring sole nomination of the country's president; lawmakers view Nasution as a safe pair of hands
Alamsyah claims deputy spot at Bank Indonesia
Former research director Halim Alamsyah wins close vote to replace Siti Fadjriah as deputy governor at Bank Indonesia
Rate round-up: Czech National Bank cuts on eurozone woe
Romania and Iceland also loosen; Australia, Peru and Norway raise rates by 25 basis points, Egypt and Indonesia hold
Ex-Bank Indonesia head accused over bailout
Inquiry into bailout of Century Bank raises questions into Bank Indonesia’s handling of regulation; allies of president round on former central bank governor and finance minister
Rate round-up: bulk of central banks hold
Rate decisions this week see a slew of institutions maintain policy stance
Hong Kong and Indonesia link settlement systems
The Hong Kong Monetary Authority and Bank Indonesia adopt a real time payment-versus-payment link to remove settlement risk
Korea holds amid concern over government influence
Bank of Korea leaves the cost of borrowing at 2% for 11th straight month; concern that presence of a minister at meetings will curtail independence
East Asia will take its cue from Fed: Indonesia deputy
Budi Mulya, the deputy governor of Bank Indonesia, says it is crucial the Fed err on the side of caution in withdrawing accommodative measures; East Asia-Pacific region will watch it closely
Italy’s Draghi welcomes Islamic finance
Bank of Italy’s Mario Draghi says sharing information crucial to the smooth integration of Islamic finance
Rate decisions this week
The majority of central banks that reviewed rates this week made no change, pointing to the need for a sustainable recovery
Indonesia’s Rochadi: cooperate to fight fakes
Bank Indonesia’s Budi Rochadi says central banks need to exchange knowledge to keep up with counterfeiters
Indonesia cuts again
Bank Indonesia cuts for ninth month in a row but bullish on outlook for second half of the year
New BI deputy calls on banks to play their part
Darmin Nasution, the new senior deputy governor at Bank Indonesia, hints strongly that banks should reduce interest rates to reflect central bank rate cuts