Bank Indonesia holds rate against backdrop of slowing growth - ING Think


4/19/2022 12:00:00 AM3 yearsago
by Nicholas Mapa

Indonesia's central bank held rates steady to support the economy as the outlook dims

Bank Indonesia keeps policy rate at 3.5% Against a backdrop of slowing global growth, Bank Indonesia (BI) held its 7-day reverse repurchase rate at 3.5%, as expected. The central bank also lowered i… [+377 chars]

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