Weekly Business

SBI Rate Drops

THE rate of Bank Indonesia promissory notes (SBI) has finally declined to less than 10 percent. As earlier predicted by BI Governor Burhanuddin Abdullah, the SBI rate at the Wednesday offer decreased by 36 points from the level last week to 9.71 percent. The fairly big slide followed the influx funds into the money market, said Anton Gunawan, economist at Citibank Indonesia. According to him, the fresh funds swelled because at the s

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

• *You Save -Rp 102.000
• *Guaranteed update of up to 52 Editions of Tempo Magazine

Subscribe

Rp 64.380/Month

Active Every Month Cancel Anytime

• *Free for the first month if using a Credit Card

Subscribe

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.