Monday, November 10, 2008

In being in a meeting of Governor's Council (RDG) the Indonesian Bank on October 7 2008 decided to load BI Rate as big as 25 bps became 9.50% This dec

The Indonesian bank also paid in depth close attention to the development prospect of the domestic request, the balance of payments and resiliensi the sector of domestic finance in the context of the change in the environment global” was like this was sent by Bank Indonesia Governor, Boediono. Moreover, in an effort to control inflation, the Indonesian Bank continued to carry out the optimisation of the use of all the instrument of the monetary policy that was available. The policy of the stabilisation rupiah was aimed at efforts to avoid the too sharp exchange rate unrest. The development towards the exchange rate that happened at this time generally in line with the development that happened to regional currency. In the future, the Indonesian Bank will continue to carry out the co-ordination with the Government to pay close attention to the development that happened and took the step that was needed to maintain endurance and the stability of the Indonesian financial system

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