ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
ORGANIZATION
ACCOUNTABILITY
ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
ABOUT ADB PROJECTS
PRODUCTS AND SERVICES
KNOWLEDGE
TOPICS
Eric Alexander Sugandi
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Indonesia’s fintech market has been relatively resilient to the COVID-19 pandemic.
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The COVID-19 pandemic has had different impacts on various monetary policy instruments in Indonesia.
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While the ultimate resolution of COVID-19 may lead to a market correction as uncertainty declines, there may be some permanent effects on financial markets and capital flows.
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The ASEAN-5 + 3 multilateral monetary policy coordination is the best feasible policy option for all the ASEAN-5 + 3 countries.
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Cash demand tends to grow with a decline in the policy rates and with an advancement of aging.
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Asia and the Pacific region faced an outflow of portfolio investment during the start of the global financial crisis and a new wave of cross-border portfolio inflows after the cris.