On Tuesday, the government and Bank Indonesia (BI) introduced several economic policy changes, including a benchmark interest rate hike, a commitment by state-owned banks to conduct stock buybacks and an increase in the Pertamax price.

Bank Indonesia (BI) has increased the benchmark interest rate outside the monthly schedule to shore up the rupiah after the currency has seen months of depreciation amid a strong…

Ketua Dewan Ekonomi Nasional (DEN) Luhut Binsar Pandjaitan buka suara soal langkah Bank Indonesia menaikkan suku bunga atau BI Rate menjadi 5,5%.