financial market development in indonesia 1 destry damayanti yoga affandi indra g sutarto mario s simatupang abstract in the last two decades financial market development in indonesia has progressed mainly ...
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...Financial market development in indonesia destry damayanti yoga affandi indra g sutarto mario s simatupang abstract the last two decades has progressed mainly via industry led initiatives but this changed year which authorities started to play a more active role acceleration of deepening so called policy experience on one hand indicates need encourage participants have greater leading other stability be maintained at same time pronged approach is key feature recent significant impact monetary transmission and responses optimise with aim strengthening consisted reformulating interest rate into bi seven day reverse repo bidrr implementing an averaging method for reserve requirements establishing credible benchmark money meanwhile managing bank continuously promotes institutional resilience against risks notable initiative been hedging instruments address currency jel classification e keywords prepared bis emerging deputy governor meeting february views opinions expressed paper are sole r...