Indonesia Central Bank to Introduce Digital Currency

The BI Governor said that the bank has decided to distribute the digital rupiah through a retail scheme, meaning the digital currency will be disbursed by BI only to large banks and payments system companies.

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11:30 | Aug 26, 2022

Indonesia Issues Seven New Rupiah Banknotes

The 2022 issue notes released by Bank Indonesia are Rp 100,000, Rp 50,000, Rp 20,000, Rp 10,000, Rp 5,000, Rp 2,000, and Rp 1,000.

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19:45 | Aug 18, 2022

Central Bank Targets 45 Million SMEs to Use QRIS by 2023

The central bank said it targets up to 45 million small and medium enterprises (SMEs) to use the Quick Response Code Indonesian Standard, or QRIS, by 2023.

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06:15 | Aug 12, 2022

On This Day: It is 'Bank Indonesia' Day!

The 5th of July is celebrated as 'Bank Indonesia' Day!

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17:49 | Jul 05, 2022

Central Bank Targets 15 Million Consumers to Use Indonesian Standard QR

At least 15 million consumers are expected to use the method nationwide.

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16:45 | May 12, 2022

Indonesia Seizes US$1.3 Billion BLBI Debtor Assets

The most recent asset confiscated was collateral belonging to obligor Agus Anwar in the form of land covering an area of 340 hectares in Bojong Koneng Village, Babakan Madang District, Bogor Regency

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13:28 | Apr 01, 2022

Foreign Capital Outflow of $2.4 Billion during Ukraine War: Bank Indonesia

Under these conditions, the domestic financial market lost USD 400 million in total foreign capital (net outflow) from January 1 to March 15, 2022.

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13:00 | Mar 18, 2022

Indonesia, Malaysia Establish QR Linkage for Cross-Border Payment

Through this linkage, consumers in both countries will be able to make retail payments by scanning the QRIS (Quick Response Code Indonesian Standard)or DuitNow QR codes provided by offline and online merchants.

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18:45 | Jan 27, 2022

Bank Indonesia's Digital Currency Can Counter Crypto: Expert

An economics expert positively welcomes Bank Indonesias plan to issue central bank digital currency, or CBDC, as its deemed the right countermove against cryptocurrency that has been growing very rapidly in the country.

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16:15 | Dec 13, 2021

Indonesians Optimistic on the Economy: Central Bank

Recent survey revealed a rising optimism among Indonesians on national economic outlook. The increase is in line with the improving economic activities and income as mobility increased due to the easing of restrictions

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17:00 | Dec 08, 2021