The loan-to-value measures include a maximum loan-to-value ratio of 80 per cent for non-first-time buyers of a primary residence, while for first-time buyers a higher cap of 90 per cent applies for the first € of the value of the house and the 80 per cent loan-to-value then applies to the part of the value of the house above € The maximum loan-to-value ratio is set at 70 per cent for buy-to-let borrowers.
Movements in global capital flow which has a significant impact to exchange rate and global financial market volatility will greatly affect the way Central Banks manage their reserves. Distinguished Guests, Ladies and Gentlemen, Now, allow me to talk about the developments in our domestic market. 8. I will start by highlighting the uniqueness of Indonesia given the Indonesia’s national motto, Unity in Diversity.