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normalization

Some time ago, Religious Affairs Minister Yaqut Cholil Qoumas issued Circular Letter No. 5/2022 on guidelines for using loudspeakers in Mosques and mushola (prayer room).

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Noise Normalization

Some time ago, Religious Affairs Minister Yaqut Cholil Qoumas issued Circular Letter No. 5/2022 on guidelines for using loudspeakers in Mosques and mushola (prayer room).

Normalizing Interest Rate

Last week, the rupiah strengthened against the US dollar over three to four consecutive days, giving fresh hope that Bank Indonesia would not raise its benchmark interest rate (the 7-Day Reverse Repo Rate) during the board of governors meeting this week.

Puzzle of US Monetary Normalization Policy

With excessive global liquidity, the rise of interest rates in the US and the downsizing of the balance sheet of the Fed have greater potential to cause capital outflows from emerging economies. In the future, the US dollar exchange rate will tend to strengthen until the normalization process is completed in 2020.

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