BI BALANCE SHEET
An Unintended Surplus

Bank Indonesia recorded a surplus of trillions of rupiah at the same time as the currency weakened sharply. It has been requested that the system be improved in order to reduce threats.

May 19, 2009

THE announcement of Bank Indonesia’s financial report appeared simultaneously in several national daily newspapers, on Monday last week. Light blue in color, the announcement was enormous, taking up half a page. At first, it looked like a normal advertisement, like financial reports usually published by commercial banks or listed companies. However, there was something very interesting in the balance sheet of the central bank. In this advertise

...

More Articles