Buisness Weekly

BI Maintains Interest Rates

Analysts prediction that central Bank Indonesia (BI) will maintain interest rates turned out to be correct. Last week, the BI Council of Governors Meeting determined that the BI Rate would be maintained at around 12,75 percent. The decision was based on considerations of external and internal risks that could disrupt monetary stability.

On the internal side, the Council noted several possibilities that could reduce infl

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