Uncertainties in Global Economy Continue
Uncertainties in the global economy are continuing. In the financial sector, efforts to rebalance the global liquidity are taking place everywhere as a number of developed countries, especially the US, need additional liquidity.
JAKARTA, KOMPAS — Uncertainties in the global economy are continuing. In the financial sector, efforts to rebalance the global liquidity are taking place everywhere as a number of developed countries, especially the United States, need additional liquidity.
Liquidity balancing is expected to take place over a long period, and it will potentially undermine the rupiah exchange rate and affect the national financial system. Stakeholders and financial companies need to coordinate and anticipate the challenges together.
Governor of Bank Indonesia (BI) Agus Martowardojo gives a press statement on the results of the Board of Governors Meeting at the BI office complex, Jakarta, Thursday (17/5/2018). Bank Indonesia decided to raise BI 7-days repo rate by 25 basis points to 4.5 percent.