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Impacts of Rupiah Fluctuations and Rising Government Debts

Monday, July 8, 2024

CEO of BCA, Jahja Setiaatmadja, explains the impacts of volatile exchange rates, rising government debt, and how the market awaits the new cabinet.

arsip tempo : 173063678571.

Jahja Setiaatmadja, CEO of BCA. BCA Doc. . tempo : 173063678571.

RUPIAH is under heavy pressure with the exchange rate hovering around 16,500 per United States dollar. However, Jahja Setiaatmadja, 68, remains optimistic about Indonesia’s banking and economic situations. “Liquidity is still good,” said the Chief Executive Officer (CEO) of Bank Central Asia (BCA), a private bank with the largest asset value in Indonesia, approximately Rp1,444 trillion (around US$87.5 billion), since 2011.

Jahj

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BCA Rupiah US Dollar Banking Industry Jahja Setiaatmadja Bank Indonesia Debt
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