Bank Indonesia

January 18, 2018

Indonesia’s seven-day repo rate of 4.25% since last September was again left unchanged. A released statement¬†observes a more resilient domestic economy, including a sounder current account, low inflation supported by positive supply and demand factors and no major external pressures, ample capital inflows, a stable currency, and record reserves.¬† The key central bank interest rate was cut last August and September.

Copyright 2018, Larry Greenberg. All rights reserved. No secondary distribution without express permission.

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