Bank Indonesia holds rate against backdrop of slowing growth - ING Think
4/19/2022 12:00:00 AM3 years 10 months ago
by Nicholas Mapa
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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