Indonesia central bank keeps rates unchanged to underpin recovery

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

JAKARTA : Indonesia's central bank kept its main policy rates unchanged on Tuesday, trying to balance providing support for a recovery in Southeast Asia's biggest economy with efforts to anchor inflation and maintain a stable rupiah currency.Bank Indonesia (BI) kept the benchmark 7-day reverse repurchase

JAKARTA : Indonesia's central bank kept its main policy rates unchanged on Tuesday, trying to balance providing support for a recovery in Southeast Asia's biggest economy with efforts to anchor inflation and maintain a stable rupiah currency.

Bank Indonesia kept the benchmark 7-day reverse repurchase rate at a record low of 3.50 per cent, as expected by 25 of 27 economists polled by Reuters. It also left unchanged the overnight deposit facility rate and lending facility rate at 2.75 per cent and 4.25 per cent, respectively.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.