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SBI

Sanguine Signs?

Tuesday, July 8, 2003

Annual inflation through to June dropped to the lowest rate in three years. Depreciation in the US dollar is believed to have been the major cause.

arsip tempo : 178042347748.

. tempo : 178042347748.

THE pressure on Bank Indonesia (BI) to lower the interest rate is mounting. This week, the Central Statistics Agency announced the rate of annual inflation through to June was only 6.62 percent—the lowest figure in the last three years. The situation is increasingly conducive to an attempt to trigger economic growth by reducing the interest rate.

BI is already giving indications of being responsive to these pressures. BI Governor, Burhanu

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