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Repossession. Repossession, colloquially repo, is a "self-help" type of action in which the party having right of ownership of a property takes the property in question back from the party having right of possession without invoking court proceedings. The property may then be sold by either the financial institution or third party sellers.
In September, Bank Indonesia announced the third interest rate cut in three months, reducing the seven-day repo rate to 5.25%. Perry said, "This is a preemptive measure to push for economic growth momentum that has been slowing." [13] In October, the seven-day repo rate was reduced once again to 5.0%.
t. e. A repurchase agreement, also known as a repo, RP, or sale and repurchase agreement, is a form of short-term borrowing, mainly in government securities. The dealer sells the underlying security to investors and, by agreement between the two parties, buys them back shortly afterwards, usually the following day, at a slightly higher price.
Indonesia is the world's largest archipelagic state and the 14th-largest country by area, at 1,904,569 square kilometres (735,358 square miles). With over 280 million people, Indonesia is the world's fourth-most-populous country and the most populous Muslim-majority country.
The Indonesian Wikipedia is the fifth-fastest-growing Wikipedia in an Asian language after the Japanese, Chinese, Korean, and Turkish language Wikipedias. It ranks 25th in terms of depth among Wikipedias. Its first article was written on 30 May 2003, [1][2] yet its Main Page was created six months later on 29 November 2003.
The establishment of the Indonesian Bank Restructuring Agency (IBRA) (Indonesian: Badan Penyehatan Perbankan Nasional, BPPN), lit. "National Banking Revitalization Agency") in early 1998 was one of a series of steps taken by the Indonesian government, in agreement with the International Monetary Fund on 15 January 1998, in response to the banking and economic crisis which emerged following the ...
First series (17 October 1945) The first 'Indonesian rupiah' bank notes bore the date of the rupiah's proclamation, 17 October 1945, under the authority of the newly-formed republic, and were put in circulation in Java starting from 10 October 1946. The notes were in denominations of 1 cents, 5 cents, 10 cents, 50 cents, Rp1, Rp5, Rp10, and Rp100.
The term Government of the Republic of Indonesia (Indonesian: Pemerintah Republik Indonesia, abbr. GOI, sometimes also referred to as Government of Indonesia the Central Government (Indonesian: Pemerintah Pusat) especially in laws) can have a number of different meanings. At its widest, it can refer collectively to the three traditional ...