Indonesia's new direction toward a modern money market
Bank Indonesia (BI) launched its 2025 money market development blueprint (BPPU 2025) on Dec. 14 to mark a significant move toward a modern and advanced money market. The launch comes in time with the momentum of economic recovery from the COVID-19 pandemic and the emerging digitalization trend. Consisting of the rupiah market, the foreign exchange market and their derivative markets, the money market supplies liquidity. A well-developed money market would provide a more efficient alternative funding source for the economy and facilitate risk management for its participants. As a part of the d...
Source: thejakartapost.com