Bank Indonesia

December 14, 2017

Indonesia’s seven-day reverse repo rat has been at 4.25% since back-to-back 25-basis point cuts in August and September. This level was maintained at the final monetary policy review of 2017, along with a 3.5% deposit rate and a 5.0% overnight lending rate. Officials released at statement that calls Indonesia’s recovery “gradual and uneven” and “projects low and controlled inflation in 2018 within the new target corridor of 3.5±1%.”

Copyright 2017, Larry Greenberg. All rights reserved. No secondary distribution without express permission.

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