Indonesia
Senior deputy at Bank Indonesia handed five-year term
The decision to retain Mirza Adityaswara should provide some stability to the board of governors, after a turbulent 2013 saw two-thirds of its members replaced
Bank Indonesia sets sights on regional inflation
Indonesia’s central bank signs MoU with government to signal greater focus on regional price stability, as it looks to shackle high levels of inflation
Bank Indonesia hands supervisory powers and 1,150 staff members to FSA
Shake-up of bank supervision sees micro-prudential responsibilities transferred from the central bank to the financial services authority
Bank Indonesia's surprising rate hike to mitigate worse-than-expected trade deficit data
Unexpected rate hike leads economists to fear worse data is on its way; 'deficit problem could be more serious than markets expected', says DBS economist
Indonesia parliament approves central bank deputy appointment
Indonesian House of Representatives picks current head of bank deposit guarantee scheme to fill the long-vacant position of senior deputy governor at Bank Indonesia
Indonesia raises rates in unscheduled meeting to rescue the rupiah
Bank Indonesia raises interest rates in attempt to slow the fall in the value of the rupiah; observers fear the move will hit economic growth
Central bank independence in the spotlight as Indonesia joins EM currency ‘panic'
Bank Indonesia joins central banks in Brazil, India and Turkey in taking unconventional steps to stem currency sell-off; concern emerging markets are targeting currencies over inflation
Thailand and Hong Kong launch cross-border settlement scheme
Bank of Thailand and Hong Kong Monetary Authority look to eliminate cross-border settlement risk through establishment of Asia's third PvP link between different currencies
Indonesia hikes policy rates by 50 basis points
Policy rate up to 6.5% despite falling growth; move aims to combat rising inflation, as international capital flows hit currency value
Asian central bank FX reserves not properly recognised by rating agencies, says Sheng
CBRC adviser and former Hong Kong SFC chief Andrew Sheng points to inconsistent approach in sovereign debt ratings; doubts international crisis co-ordination is possible
Asia-Pacific: Financial stability concerns reflected in rate decisions and forex intervention
Indonesia leans against higher inflation expectations with rate rise, RBNZ's Wheeler concerned over ‘rapid' house price inflation, and Bank of Thailand attempts to slow baht's downward slide
Martowardojo sworn in as governor of Bank Indonesia
Former finance minister promises to combat inflation and increase the stability of the banking sector
Parliament gives Agus green light to become Bank Indonesia chief
Agus Martowardojo gets parliamentary approval to replace Darmin Nasution as governor of Bank Indonesia, after nine hours of questioning by commission
Bank Indonesia candidate grilled by parliamentary commission
Governor nominee Agus Martowardojo faces difficult questions on scandals while at finance ministry; former Bank Indonesia governor warns of threat to the central bank’s independence
Bank Indonesia governor nominee proves divisive choice
Government chooses Agus Martowardojo to replace Darmin Nasution as governor, but MPs question Agus’ integrity and macro-economic knowledge
Bank Indonesia stepped up stability efforts in 2011
Annual report shows central bank went to greater lengths to ensure exchange rate stability and promote resilience in the banking sector
World Bank weighs impact of QE on capital flows
East Asia and Pacific economic update notes large capital inflows into some countries following easing by Fed, ECB and BoJ; Thailand and Indonesia experience most significant flows
Banks move to meet Bank Indonesia call for ‘external loss database’
Indonesian banks form association to explore the sharing of loss data and help develop risk management practices in response to call by Bank Indonesia
Asian central banks have ‘positive’ record with dual mandates, says former BoT deputy
Bandid Nijathaworn says combined monetary and macro-prudential policy mandates have worked well in Asia; Asean+3 credit guarantee set to boost region’s corporate bond market
Bank Indonesia prepares payment systems for Eid
Indonesian central bank mounts campaign to get enough cash into the system prior to Eid celebrations; confident payment demands will be met
Indonesia enters China interbank bond market
Bank Indonesia and People's Bank of China reach agreement allowing Indonesian central bank access to China's interbank bond market; part of Chinese strategy towards internationalisation of the yuan
Asian central bank reserves surpass optimal levels, says IMF’s Zavadjil
Reserves held by Asian central banks are rising past optimal levels even if cover for longer-term foreign fund and FDI ouflows are added to import and short-term debt coverage metrics, says IMF expert
Indonesia finance minister asks for more help for emerging economies
Indonesia finance minister calls for Asian Development Bank to do more to meet the financing requirements of emerging market economies
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