JCI Rose With New Regulation Concerning the Placement of State Money in Commercial Banks

25 June 2020

Research

JCI on Wednesday (6/24/20) Rose by 1.75% to 4,964.73. This positive sentiment came from the new regulation issued by the Ministry of Finance or PMK No 70/PMK.05/2020 Concerning the Placement of State Money in Commercial Banks in the Context of Accelerating National Economic Recovery. Through this regulation, four state-owned banks or himbara officially ganed Funds from the government of Rp. 30 trillion. (CNBC Indonesia) The U.S. is weighing new tariffsfs on $ 3.1 billion of exports from France, Germany, Spain, and the U.K., Adding to an Arsenal the Trump Administration is threatening to use Against Europe that could spiral into a wider transatlantic trade fight. The U.S. Trade representative Wants to impose new tariffsfs on european exports like olives, beer, gin, and trucks, while increasing duties on products include aircraft, cheese, and yogurt, accining to a notice published late late tunes. The statement lays out a month-long public comment period July 26. (Bloomberg) Source: Danareksa Sekuritas Debt Researchphoto by Mitchell Luo On Unsplash