Indonesia

Bank Indonesia - Annual Report 2008

In Indonesia, the fallout from the global financial crisis began to take hold towards the end of 2008, the latest Annual Report from the country's central bank states.

Bank Indonesia's Dutch arm bankrupt

Boediono, the governor of Bank Indonesia, has acknowledged that Indover, a unit of Indonesia's central bank based in the Netherlands, is heading for bankruptcy after a local court approved an application for receivership.

Asian central banks act on liquidity shortages

Signs of heightening liquidity tensions in Asia emerged on Tuesday, with the Reserve Bank of India adding Rs20,000 crore ($4.16 billion) to its banking system and Bank Indonesia implementing measures to ease stress in foreign-currency markets. Bank…

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