SURABAYA - Bank Indonesia (BI) Representative Office in East Java optimistic war which resulted in the weakening exchange rate of the rupiah against the US dollar does not affect national economic fundamentals.
"One of the reasons, at this time of the Indonesian economic fundamentals have actually recorded a better performance compared to some countries in Continental Europe and the other," said Chief Representative of East Java Regional BI, Benny Siswanto in Surabaya on Thursday, March 19, 2015.
This, he said, come backed by the balance of payments Indonesia and BI belief that the strengthening of the US dollar against the rupiah does not affect the achievement of the inflation targets. Moreover, it also will not interfere with financial stability in the country.
"Based on this background, a Tuesday, March 17, in accordance with Board of Governors Meeting in Jakarta decided BI Rate remains at 7.5% position. Then, lending facility rate remained 8.5% and Deposit Facility also remains 5.5% , "he said.
On the other hand, the BI Rate is also influenced government beliefs consideration the inflation rate is maintained. For 2015 is expected to be in the top four plus or minus one percent and at the same value in 2016.
"Next on the side of the current account deficit showed a good performance in a healthy position or 2.5% -3%. The amount of the targeted also fixed in this year," he said.
Regarding efforts to BI maintain macroeconomic stability, he added, the central bank's efforts to implement a package of measures. Such as by improving the balance of services and always maintain the performance of the trade balance.
"As of February 2015, Indonesia's trade balance surplus of US $ 170 million from the oil and gas sector and US $ 57 million of non-oil," he said.
In general, call him, to the global aspects being no certainty, especially in Europe, which is still improve. Meanwhile, now in Japan is also doing repair policy by providing its own stimulus, while China even further down the economic conditions.
"However, different conditions seen in India with the stability of the economy." Even so, he added, the United States is still clean up is also noteworthy because of the development of economic conditions in the country are often the benchmark countries.
If the aspect of the domestic economy in 2015 is expected to be better than the condition of 2014. As can be seen from the influence of volatile foods that trigger high inflation in January 2015 and February even deflation.
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