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Bank Indonesia Governor Perry Warjiyo: Our Economy is Stronger
Bank Indonesia's new governor, Perry Warjiyo. REUTERS/Willy Kurniawan
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Friday, 29 June, 2018 | 06:52 WIB
Bank Indonesia Governor Perry Warjiyo: Our Economy is Stronger

botanicula crack chomikuj the elder scrolls oblivion shivering isles crack descargar aircrack windows 7 gratis español TEMPO.CO, bitfontcreator crack madvlock cracked Jakarta - PERRY Warjiyo, 59, is like a new captain directly encountering stormy waters. When he was installed as governor of Bank Indonesia (BI) on May 24, the rupiah was at the level of Rp14,205 per US dollar based on the Interbank Spot Dollar rate. It was the lowest rupiah exchange rate since December 2015.

how to crack senuke xcr The man born in Sukoharjo, Central Java, moved fast. Only five days after the Board of Governors' Meeting (RDG) under the previous governor, Agus Martowardojo, Perry convened an additional RDG on May 30. Perry raised the BI benchmark rate to 4.75 percent after Agus had increased the reference rate to 4.50 percent.

closet shoe rack systems One day after the interest rate hike, the rupiah rose to the level of Rp13,951 per dollar. Since Perry's inauguration, the rupiah has also undergone appreciation. The market calls it the 'Perry Effect'. Hearing this term, the former executive director of the International Monetary Fund (IMF) laughed. "It's the 'Allah Effect'. Perry is just a small thing," he said in a special interview with Tempo by the end of last month.

crack alawar dropbox The former BI deputy governor since 2013 received Tempo journalists Reza Maulana, Angelina Anjar andGhoidaRahmah following a meeting with the Budgetary Agency at the House of Representatives (DPR) building, Jakarta. On that occasion, Perry also explained the direction of BI policy under his leadership, which is pro-stability and growth. "Bank Indonesia has five remedies for this," he indicated.

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free sms tracker login how to get mywi 5.5 cracked source Do you see the rupiah exchange rate drop as a difficult challenge in your new office

avg crack version keygen cx programmer I'm not new with Bank Indonesia. During the crisis of 1997-1998, I was attending an educational program (at the BI Executive School) and during the 2007-2008 crisis, I was an executive director of the IMF. They were all important lessons for me: viewing the impact of global crises on developing countries, including Indonesia. From that experience, I've drawn a conclusion that there are three keys to a country's resilience in the face of external pressures.

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easy summer crock pot recipes download access password recovery master crack First, it's the conviction that our economy is healthy. Second, it's the courage to adopt the policies required, which are sound and preemptive. If you live under uncertainty, don't linger over it. You have to preempt the uncertainty. Third, there should be clear and intensive communication. Why? While under pressure, conflicting information will spread. The widespread distribution of information tends to result in irrational expectations. Therefore, communication is needed to overcome the information gap so that expectations will get more rational.

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cocoa crack peanut butter cups keygen facturaplus 2006 In my view, our economic condition is healthy. Compared with the periods of the Greek crisis, the growth revision of China in 2015, or Brexit (Britain's decision in 2016 to leave the European Union), our condition is stronger. We're more resilient. At present inflation is only 3.4 percent. During the economic turmoil of 2013, inflation reached 8.3 percent. In the first quarter of 2018, the current account deficit was only 2.1 percent, whereas in the second quarter of 2013 the current account deficit was 4.2 percent. Our banks have sufficient capital. Foreign exchange reserves are also far higher.

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trackmania valley keygen il crack si fuma o si sniffa The exchange rate will always move according to the market mechanism. From day to day there are indeed technical factors affecting it. But what happened recently wasn't due to our economic fundamentals or technical factors. It was more triggered by expectations. I mean that the exchange rate was overshooting-weakening quite deeply, pushed by expectations from a number of analyses and players, 'Oh, the rupiah rate can reach Rp15,000. Oh, it can be Rp17,000.' In my opinion, these expectations weren't based on appropriate economic and financial assessments. But no need to say whether they were right or not. By adopting a concrete and bold policy, people won't believe such expectations.

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