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The rupiah, which had strengthened to around Rp8,000, depreciated in the wake of the Jakarta riots of May 1998, and in particular the run on the Bank Central Asia, Indonesia's largest private bank, that ensued, causing the bank to be taken over by IBRA on 29 May. The SBI rate was increased to 70% in the wake of massive inflation.
Reserve Bank of India Indonesia: Indonesian rupiah: Bank Indonesia Iran: Iranian rial: Central Bank of the Islamic Republic of Iran Iraq: Iraqi dinar: Central Bank of Iraq Israel: Israeli new shekel: Bank of Israel Japan: Japanese yen: Bank of Japan: float Jordan: Jordanian dinar: Central Bank of Jordan: 1 USD = 0.708 JOD (buy) 1 USD = 0.710 ...
Bank Rakyat Indonesia (BRI) 16 December 1895 Bank Tabungan Negara (BTN) 16 October 1897 [2] Subsidiaries of state-owned banks Bank Mandiri Taspen: 23 February 1970 Bank Mandiri, PT Taspen Non-foreign exchange bank Hibank: 25 February 1993 Bank Negara Indonesia: Foreign exchange bank Bank Raya Indonesia: 27 September 1989 Bank Rakyat Indonesia
Bank Indonesia was founded on 1 July 1953 from the nationalisation of De Javasche Bank, three years after the recognition of Indonesia's independence by Netherlands. [ 4 ] For the next 15 years, Bank Indonesia carried on commercial activities as well as acting as the nation's national bank and is in charge in issuing Indonesian rupiah currency.
Permata Bank (or Bank Permata) is a bank in Indonesia, headquartered in the capital city Jakarta. It has officially become a BUKU IV bank after receiving confirmation from the Financial Services Authority (OJK) on 20 January 2021. Serving nearly four million customers in 62 cities of Indonesia, it has 304 branch offices and two mobile branches.
Selling rate: Also known as the foreign exchange selling price, it refers to the exchange rate used by the bank to sell foreign exchange to customers. It indicates how much the country's currency needs to be recovered if the bank sells a certain amount of foreign exchange. Middle rate: The average of the bid price and the ask price.
Perry suggested that there may be room for further easing in months ahead saying, "Bank Indonesia thinks there is still room for accommodative policies, in line with a low inflation projection and to push for further economic growth". [11] The following month, in August, Bank Indonesia announced a second cut in the interest rate from 5.75% to 5.5%.
PT Bank OCBC NISP Tbk (formerly Bank NISP), trading as OCBC Indonesia, is an Indonesian publicly listed banking and financial services company headquartered in South Jakarta, Indonesia. The bank is owned by Singaporean banking and financial group, OCBC Bank, which holds 85.1% of shares. OCBC is an Indonesia's 8th largest bank by assets and has ...