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Indonesian Crude Price, or ICP, is a price index for crude oil from Indonesia. The ICP is determined by Dirjen Migas, based on moving average spot price of a basket of eight internationally traded Indonesia crudes: Minas; Cinta; Duri; Arjuna; Attaka; Widuri; Belida; Senipah; In some cases ICP is used as index in long term LNG contracts in East ...
In 2012, Indonesia was the second fastest-growing G-20 economy, behind China, and the annual growth rate fluctuated around 5% in the following years. [ 39 ] [ 40 ] Indonesia faced a recession in 2020 when the economic growth collapsed to −2.07% due to the COVID-19 pandemic , its worst economic performance since the 1997 crisis.
In finance, a spot contract, spot transaction, or simply spot, is a contract of buying or selling a commodity, security or currency for immediate settlement (payment and delivery) on the spot date, which is normally two business days after the trade date. The settlement price (or rate) is called spot price (or spot rate).
Despite a slowing global economy, Indonesia's economic growth accelerated to a ten-year high of 6.3% in 2007. This growth rate was sufficient to reduce poverty from 17.8% to 16.6% based on the government's poverty line and reversed the recent trend towards jobless growth, with unemployment falling to 8.46% in February 2008.
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The 2020 census recorded Indonesia's population as 270.2 million, the fourth largest in the world, with a moderately high population growth rate of 1.25%. [237] Java is the world's most populous island, [ 238 ] where 56% of the country's population lives. [ 5 ]
Indonesia, which had massive foreign reserves and was seen as having a strong economy, responded on 11 July 1997, by widening its exchange rate band from 8 to 12%. Indonesia had taken similar actions in the years leading up to the crisis, in December 1995 from 2 to 3%, in response to the Mexican financial crisis, and in June and September 1996 ...
Allo Bank Indonesia Tbk. 41 BBKP Bank KB Bukopin Tbk. 42 BBLD Buana Finance Tbk. 43 BBMD Bank Mestika Dharma Tbk. 44 BBNI Bank Negara Indonesia (Persero 45 BBRI Bank Rakyat Indonesia (Persero 46 BBRM Pelayaran Nasional Bina Buana 47 BBTN Bank Tabungan Negara (Persero) 48 BBYB Bank Neo Commerce Tbk. 49 BCAP MNC Kapital Indonesia Tbk. 50 BCIC