Weekly Business

BANK INDONESIA RATE
No Change in BI Rate

AT a meeting of the board of governors of Bank Indonesia, on Thursday last week, it was decided to maintain the BI Rate, the reference interest rate, at a level of 6.5 percent. This decision was made after evaluating the latest developments and economic prospects. The reference interest rate is still considered to be relevant with the target inflation rate for this and next year being 5 ± 1 percent. “

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