Bank Indonesia Sets Ambitious Money Market Transaction Target for 2030

Strategic Move to Deepen Financial Markets

Bank Indonesia has announced a significant target to boost daily transactions in the money market and foreign exchange to Rp 81 trillion by 2030. This ambitious goal is part of the central bank's broader strategy to develop and deepen Indonesia's financial markets, as detailed in the Indonesia Payment System Blueprint 2030.

Governor's Statement and Market Implications

BI Governor Perry Warjiyo highlighted that achieving this target is crucial for supporting national economic financing. The increased transaction volume is expected to enhance market liquidity and create a more robust financial ecosystem. Warjiyo emphasized that this initiative is part of BI's ongoing efforts to accelerate the development of both the money market and foreign exchange market.

Blueprint Details and Implementation

The Indonesia Payment System Blueprint 2030 serves as the foundation for BI's monetary and financial infrastructure development. By focusing on expanding transaction volumes, BI aims to create a more dynamic and resilient financial system that can better support Indonesia's economic growth and development objectives.