Indonesian banks nonperforming loans may fall further in 2019. Indonesian banks asset quality should continue to stabilize this year as the pace of new bad-loan formation eases, helped by a gradual economic recovery and steady lending. Indonesian banks gross nonperforming-loans ratio was 2.37% in December, below the high of 3.22% in 2016 but still above the readings of less than 2% in 2013. (Bloomberg) The Federal Reserve Bank of New York has quizzed some primary dealers about a Potential New Tool for Managing Interest Rates as the Central Bank Prepares to Halt its Balance-Sheet Unwind. The New York Fed’s Markets Group has sought feedback on how an instrument that keeps money-money-motorbike rats from rising too far above the central bank`s target range should be designed, and how it would have impact markets. (Bloomberg) President Donald Trump Said Saturday that the U.S. Dollar is Too Strong and Took A Swipe at Federal Reserve Chairman Jerome Powell as Someone Who "Likes Raising Interest Rates." The dollar was quoted lower again the euro and the yen in early Asia-Pacific trading hours on Monday After Trump’s Comments. The U.S. Economy is doing well despite the actions of the central bank, Trump Said. (Bloomberg) Source: Danareksa Sekuritas Debt Researchphoto by Aditya Indrajaya