After its benchmark interest rate (BI Rate) as much as 18 times at 6.5 percent, Bank Indonesia (BI) has finally raised interest rates by 25 basis points to 6.75 percent or. This decision was based on the inflation factor due to rising food prices.
"Yes, it's one of our considerations," said BI deputy governor Halim Alamsyah, in building BI, Jakarta, Friday, February 4, 2011.Mentioned in the release of Bank Indonesia, the central bank wary of inflation pressures are likely to increase in the future, along with the disruption of supply materials basic needs (volatile foods) and the possibility of adjusting the prices set by the government (administered prices).
Bank Indonesia believes that the rise in inflation expectations will be minimized if done improving the effectiveness of production, distribution, and availability of basic commodities at the national and regional level.
In terms of Bank Indonesia, and makroprudensial monetary policy mix that has taken years ago will continue to be strengthened by optimizing all the instruments in a balanced and measured.As is known, during this Bank Indonesia has embarked on a number of policies to control liquidity and capital inflows as increases in the minimum reserve requirement (GWM) of rupiah and foreign currencies, a one month holding period (OMHP) of Bank Indonesia Certificates (SBI), and restriction-term foreign loans short bank.
Board of Governors believes, the momentum of global economic recovery increased again although it is still overshadowed by the risk of debt crisis in Europe.In the middle is still weak economic recovery in developed countries, the economic performance of emerging markets continued to show improvement. In addition, global commodity prices continue to rise, not only influenced by supply and demand factors, but driven by the shift of investment into commodities markets due to the weakening U.S. dollar and the low yields in developed countries.So far, policy responses of central banks of developed countries still tend to keep interest rates at relatively low levels.Meanwhile, some emerging market countries has increased the interest rate policy is accompanied by a policy to manage capital inflows and stabilize exchange rate movements.
Earlier, the Central Statistics Agency (BPS) said the scourge of basic commodities rise in inflation lately. In fact, inflation year on year (yoy) in January was 7.02 percent penetrated. Inflation in January was recorded at 0.89 percent.
With rising inflation, many economists had suggested that the central bank to raise interest rates.
"Yes, it's one of our considerations," said BI deputy governor Halim Alamsyah, in building BI, Jakarta, Friday, February 4, 2011.Mentioned in the release of Bank Indonesia, the central bank wary of inflation pressures are likely to increase in the future, along with the disruption of supply materials basic needs (volatile foods) and the possibility of adjusting the prices set by the government (administered prices).
Bank Indonesia believes that the rise in inflation expectations will be minimized if done improving the effectiveness of production, distribution, and availability of basic commodities at the national and regional level.
In terms of Bank Indonesia, and makroprudensial monetary policy mix that has taken years ago will continue to be strengthened by optimizing all the instruments in a balanced and measured.As is known, during this Bank Indonesia has embarked on a number of policies to control liquidity and capital inflows as increases in the minimum reserve requirement (GWM) of rupiah and foreign currencies, a one month holding period (OMHP) of Bank Indonesia Certificates (SBI), and restriction-term foreign loans short bank.
Board of Governors believes, the momentum of global economic recovery increased again although it is still overshadowed by the risk of debt crisis in Europe.In the middle is still weak economic recovery in developed countries, the economic performance of emerging markets continued to show improvement. In addition, global commodity prices continue to rise, not only influenced by supply and demand factors, but driven by the shift of investment into commodities markets due to the weakening U.S. dollar and the low yields in developed countries.So far, policy responses of central banks of developed countries still tend to keep interest rates at relatively low levels.Meanwhile, some emerging market countries has increased the interest rate policy is accompanied by a policy to manage capital inflows and stabilize exchange rate movements.
Earlier, the Central Statistics Agency (BPS) said the scourge of basic commodities rise in inflation lately. In fact, inflation year on year (yoy) in January was 7.02 percent penetrated. Inflation in January was recorded at 0.89 percent.
With rising inflation, many economists had suggested that the central bank to raise interest rates.
Tidak ada komentar:
Posting Komentar