Jakarta, CNBC Indonesia –Bank Indonesia reported that Indonesia’s foreign exchange reserve position at the end of October 2023 was 133.1 billion US dollars, this figure decreased compared to the previous month of 134.9 billion US dollars. One of the largest banks in the United States, Citigroup has discussed plans for reorganization and layoffs of 10% employees at several large businesses. This step was taken to reduce layers of management and speed up decision making.
More details in the CNBC Indonesia Evening Up program (Tuesday, 07/11/2023) below.
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