Open AccessQUARTERLY ANALYSIS: The Progress of Monetary, Banking and Payment System Quarter IV - 2011
Author(s) -
Author Team of Quarterly Report Bank Indonesia
Publication year - 2012
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.505
H-Index - 4
ISSN - 2460-9196
DOI - 10.21098/bemp.v14i3.402
Subject(s) - governor , inflation (cosmology) , quarter (canadian coin) , payment , indonesian , financial stability , monetary system , economics , monetary policy , business , economic stability , inflation targeting , interest rate , financial system , monetary economics , finance , macroeconomics , engineering , linguistics , philosophy , physics , archaeology , theoretical physics , history , aerospace engineering
The Board of Governor Meeting of Bank Indonesia today decided to maintain the BI rate at the level of 6.0%. This decision is based on thoroughly examination on the recent economic performance, several recent risks, and the prospect of the economy. The Board of Governor view the level of BI rate is consistent with the targeted inflation ahead, and is conducive to maintain the financial stability, and also to mitigate the impact of global prospect on Indonesian economy.