The Bank Indonesia Board of Governors agreed to hold key interest rate at 4.25%, effective 17th November 2017.
” BANK INDONESIA HOLDs KEY RATE AT 4.25% “
The decision was consistent with efforts to maintain macroeconomic and financial system stability as well as build economic recovery momentum, while paying due consideration to global and domestic economic dynamics. Bank Indonesia believes the current policy rate is adequate to control inflation within the target corridor and maintain a healthy current account deficit.
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