Loan Digest

Indonesia central bank leaves interest rates unchanged

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 66%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

JAKARTA : Indonesia's central bank held interest rates unchanged on Thursday and stuck by its message that previous hikes were sufficient to steer inflation back to within target later this year.Bank Indonesia (BI) left unchanged its benchmark 7-day reverse repurchase rate at 5.75 per cent, where it has b

JAKARTA : Indonesia's central bank held interest rates unchanged on Thursday and stuck by its message that previous hikes were sufficient to steer inflation back to within target later this year.

BI's other main policy rates for overnight deposit and lending were also kept steady at 5.00 per cent and 6.50 per cent, respectively. Warjiyo said BI's rate hikes - totalling 225 basis points between August to January - were adequate to ensure headline inflation returned to its target range.

 

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 LOANS

Loans Loans Latest News, Loans Loans Headlines

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

Credit Suisse to borrow up to $54 billion as it seeks to calm investor fearsCredit Suisse on Thursday said it was taking 'decisive action' to strengthen its liquidity by borrowing up to $54 billion from the Swiss central bank after a slump in its shares intensified fears about a broader bank deposit crisis.The Swiss bank's problems have shifted the focus for investors and regulat
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »