Bank Indonesia left its benchmark interest rate unchanged at a record low yesterday, sustaining its support for a pandemic-hit economy and saying it’s prepared to weather any volatility from the US Federal Reserve’s more hawkish message overnight. Indonesia’s central bank kept the seven-day reverse repurchase rate at 3.5%, as expected by all 30 economists surveyed by Bloomberg. It’s the fourth straight month the rate has stayed at its record low, and Bank Indonesia previously has signalled it could remain at that level for the rest of the year. “The decision is consistent with our low inflation projection and maintained rupiah stability and efforts to strengthen the national economic recove
Hence then, the article about indonesia takes taper talk in stride holds interest rates at record low was published today ( ) and is available onGulf Times ( Qatar ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Indonesia takes taper talk in stride, holds interest rates at record low )